23 May 2013

Underwriters set to escape bulk of $50mn Yallourn mine loss

6 July 2012

Mining underwriters look set to escape the bulk of losses following severe flooding at the Yallourn mine in Australia earlier this month.

The mine, 150km east of Melbourne, is significant because it supplies coal to the Yallourn power station complex, which itself supplies 8 percent of Australia's electricity needs.

The Yallourn mine and power station are owned by TRU Energy, which places a significant programme in the international market understood to be led by Ace.

Power generation at Yallourn has...

You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.

Purchase


Share: This article was published as part of issue July 2012/1

Insider Publishing Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Insider Publishing Limited 2013. All rights reserved Insider Publishing Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.

Π