Aquila Resources loses court battle

THE Supreme Court of Queensland has ruled that AMCI's restructure of its interests in the Australian Premium Iron Joint Venture and the Belvedere Coal Joint Venture did not constitute a change in control to Aquila Resources.

Aquila Resources loses court battle Aquila Resources loses court battle Aquila Resources loses court battle Aquila Resources loses court battle Aquila Resources loses court battle

The dispute began in February when Brazilian mining giant Companhia Vale do Rio Doce bought AMCI and restructured its interests in both joint venture projects, in which two Aquila subsidiaries

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