Solid Energy

28% revenue fall for Solid Energy

Continued weak international coal prices contributed to a 28% fall in revenue in the six months ended December for troubled Government-owned coal producer Solid Energy.

Nine farms being sold by Solid Energy

One of the country's largest farm offerings is on the market in Southland, the more than 2000ha made up of nine farms held by state-owned enterprise Solid Energy.

Solid Energy restructuring plan on shaky ground

Solid Energy's future appears less certain than the information released by the company yesterday on its debt restructuring by banks and a noteholder.

Solid Energy rescue package agreed

Beleaguered coal miner Solid Energy has just three years to turn around its fortunes, after the Government and banks agreed to a rescue package yesterday.

Coal saga nears end

Coal saga nears end

All that remains after the mothballing of Solid Energy's contentious $29 million Mataura lignite plant is a divided community and tenant farmers, says the environmental group which fought the state-owned enterprise's plans during the past two years.

Solid Energy mothballs briquette plant

Solid Energy mothballs briquette plant

Beleaguered state-owned enterprise Solid Energy is mothballing its contentious $25 million lignite-to-briquettes plant near Mataura.

Solid Energy plan to invest

Troubled state-owned coal miner Solid Energy is looking to the future and a reinvestment in its key coal mining regions once there is a sustained improvement in the market.

Pressing issues for mining conference

Pressing issues for mining conference

The effects of plunging global commodity prices will be high on the agenda of New Zealand's annual mining conference this week, with hundreds of New Zealand jobs shed during the past year and all companies under operational reviews.

More coal job losses at Stockton

Solid Energy has signalled further redundancies at its Stockton mine in the face of an ongoing decline in global coal prices.

Asset sales funds for ailing SOE

Asset sales funds for ailing SOE

The Government's tagging of $100 million to prop up ailing state-owned enterprise Solid Energy from the $3.5 billion Mighty River Power part-sale has been described by Labour as a ''cover-up gone wrong''.

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