Solid Energy leaves Mataura briquette plant operations with GTL Energy

Thu, 20 Jun 2013

By Paul McBeth June 20 (BusinessDesk) - Solid Energy is handing over operations at its $29 million lignite briquette production plant in Mataura to GTL Energy as the financially stricken state-owned coal miner looks to exit the investment. The two companies have been in discussions since May on the commercial arrangements for the plant’s ongoing operations, and GTL is being given the opportunity to demonstrate the plant’s capabilities on a continuous production basis, and to establish the longer-term value of the plant, Solid Energy interim...

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