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Construction PRO
Glencore deed not unprofitable because liquidators want better deal: court
Tossing a case by Tahmoor Coal's liquidators over a royalty deed that gave Glencore payments in perpetuity and impacted the company's sale price, an appeals court has found the deed was not unprofitable just because creditors might get a better return without it.
Construction PRO
Tahmoor Coal liquidators lose appeal in royalties spat with Glencore
The liquidators of GFG Alliance's Tahmoor Coal have lost their appeal of a decision over a royalties deed in favour of former owner Glencore.
Construction PRO
Yancoal, Glencore win NSW approval for coal mine extensions
New South Wales has approved a project to extend Hunter Valley Operation's North Mine by 19 years and South Mine by 12 years provided it implements measures to manage greenhouse gas impacts.
Construction PRO
Glencore gets OK to expand Ulan coal mine operations
The NSW government has granted mine operator Glencore permission to run the Ulan coal mine until 2035, allowing for the extraction of an additional 18.8 million tonnes of coal, despite net zero targets on the horizon.
Senator Matt Canavan’s brother can probe claims against Glencore
The brother of Liberal Senator and former resources minister Matt Canavan can investigate potential claims against Glencore in his long running legal spat over the Rolleston coal mine, after a court greenlit his bid for the appointment of special purpose liquidators.
Port of Newcastle can charge Glencore higher access fees, High Court rules
The Port of Newcastle has largely won its High Court fight with mining giant Glencore over access fees and will now be able to set a higher price for use of the port's facilities.
Quaker asks High Court to weigh in on ‘grace period’ for publicly disclosing inventions
US chemical company Quaker Chemical is seeking special leave from the High Court to appeal a Full Court judgment that found its patents for quickly detecting high pressure fluid injection injuries on site were not novel because the company had disclosed them in public prior to applying for registration with IP Australia.
In victory for Glencore, High Court won’t weigh in on landmark transfer pricing ruling
The High Court has denied the ATO's request that it weigh in on Australia's transfer pricing regime, leaving in place a Full Court victory for mining giant Glencore that left it paying $2 million of a $92 million bill relating to the sale of copper from a mine in Cobar, NSW.
Judge won’t keep sales figures confidential in epic Cargill, Viterra battle
A Victoria Supreme Court judge has rejected a post-trial bid to keep details of the 2019 sale of Cargill's malt business under wraps in a long-running case over Viterra's $420 million sale of its Joe White business, finding the move would be contrary to the principles of open justice where no harm from disclosure had been demonstrated.
High Court to hear Glencore shipping fee fight with Port of Newcastle
The High Court will weigh in on a dispute between the Port of Newcastle and mining giant Glencore over access charges to shipping channels used to export coal from the Hunter Valley.