Coal fight: why Talley's wants to see Bathurst in court

Coal fight: why Talley's wants to see Bathurst in court
Buller plateau coal being processed at BT Mining's facility near Westport. (Image: NZME)
Pattrick Smellie
As murky legal stoushes go, the heavily suppressed action taken by Nelson-based food processor Talley's Group against its coal mining joint venture partner, Bathurst Resources, is not only a case study.It also appears to be the tip of an iceberg.In the last 10 years, ASX-listed Bathurst has rarely been out of court, battling all the way to the Supreme Court and to arbitrators with L+M Mining, which sold Bathurst its Buller coal assets in 2010 for US$40 million (NZ$66.4m).At issue are US$80m of performance milestone payments owed to L+M and...

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