Analysis: Solid Energy reveals its hand
15 May 2009
Solid Energy’s decision to close its Terrace underground mine at Reefton by mid-year points up the way in which the State-owned enterprise intends to focus on the low-hanging fruit of the coal extraction business while diversifying into non-fossil energy generation.
The Reefton announcement fits with the acquisition of extensive crop biofuel plantation capacity in the South Island, especially in the vicinity of Fairlie.
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Story copyright © Carbon News 2009
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