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Receivers market Vitrinite coking coal assets
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Receivers market Vitrinite coking coal assets
Vitrinite’s Vulcan mine complex and Callan coking coal project are on the market as receivers look to sell or recapitalise the group’s portfolio. KordaMentha has put the call out for expressions of interest in what is described as a Tier 1 metallurgical coal portfolio strategically located in the world-class Bowen Basin. It comes after Vitrinite’s senior secured creditor Trafigura called in the receivers (Richard Tucker and David Johnstone of Ko…
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