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    coal-investing

    Monos Announces Counterclaim against Wiggans Island Coal Terminal

    Investing News Network
    Jun. 15, 2015 05:14AM PST
    Industrial Metals Investing

    Mining.com reported that Monadelphous has announced counterclaim worth $200 million against the Wiggins Island Coal Export Terminal (WICET).

    Mining.com reported that Monadelphous has announced counterclaim worth $200 million against the Wiggins Island Coal Export Terminal (WICET).

    As quoted in the market news,

    In June last year the Australian Building & Construction Dispute Resolution ­Service ruled in that the MMM joint venture was owed $65.6 million from WICET after submitting $107 million in claims, relating to contractual variations including wharf plans, lashing concrete for shipping, marine spotters and bad weather.

    Click here for the full Mining.com report

     

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