21 Nov 2008

New coal contract signed

7:03 am on 21 November 2008

Solid Energy has signed an agreement with New Zealand Steel to supply coal to the Glenbrook plant, near Auckland.

The State-owned coal miner says it will invest over $100 million developing and extending the Huntly East underground mine over the next five years once it secures land and mineral access.

The new agreement runs for five years.