Fonterra confirms proposed coal mine at Mangatangi is on hold

Tue, 08 Sep 2015

By Fiona Rotherham Sept. 9 (BusinessDesk) - Fonterra Cooperative Group, the country’s largest milk processor, has confirmed it has put on hold a proposed coal mine at Mangatangi while it assesses its energy options. The Coal Action Network Aotearoa (CANA), which is trying to stop coal mining in New Zealand, said Fonterra sent a letter last week to local residents confirming the decision, which the cooperative put down to its economic position and that of the dairy industry generally. CANA’s Jeanette Fitzsimons said the initial defermen...

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