News Articles

Mining 30 Aug 2023

Griffin Coal funding nears $30m

The state government has again topped up its multi-million-dollar lifeline to fund the insolvent Griffin Coal Mining Company.

Energy 14 Jun 2022

Last of state-owned coal power stations to close

The last remaining state-owned coal-fired power stations in WA will close by 2030, with the government also announcing a big investment in renewables and energy storage, including pumped hydro.

Mining 08 Oct 2021

Griffin Coal told to pay Carna $5m for contract breach

The federal court has ordered Griffin Coal to hand over more than $5 million in damages to its former contractor Carna Group, following a bitter six-year contractual dispute.

Energy 22 Sep 2021

Coal supply issues ahead of power shift

Political debate about coal power is boiling but economics and engineering will have a substantial impact.

Agribusiness 27 Jun 2016

Aqua Ferre develops $400m water plan

Perth business executive Peter Fogarty is leading two innovative water supply projects designed to underpin major agricultural and industrial projects in regional WA.

Mining 23 Jun 2016

Griffin Coal workers to take action

Maintenance workers at Griffin Coal are set to stop work for 24 hours from 5:30am tomorrow in response to a decision by the Fair Work Commission earlier this month to move them onto an industry award wage.

Mining 04 Dec 2014

Work resumes at Griffin Coal

Indian-owned miner Griffin Coal has resumed operations at Collie, two days after its main contractor walked off the job, but there is uncertainty about how many people will be employed at the mine.

Mining 03 Dec 2014

Griffin miner ends contract

Collie coal miner Griffin Coal is endeavouring to hang onto its staff and satisfy its customer commitments after its main contractor Carna Civil & Mining walked off the site late yesterday.

Government 14 Oct 2014

State to pay more for coal

The state government has agreed to increase the price it pays Premier Coal for its coal supplies, as uncertainty continues over the fate of fellow Collie producer Griffin Coal.

Mining 09 Jun 2014

Rambal waits for urea moment

Vikas Rambal is pushing ahead with his multi-billion dollar fertiliser plant and pursuing a newfound appetite for property investment.

Mining 17 Jul 2013

Bunbury port coal export given environmental tick

The Environmental Protection Authority has signed off on a port expansion proposal for Bunbury that could lift coal exports to 15 million tonnes per year, almost double the current overall export c

Regulation 29 Apr 2013

Perdaman, Lanco agree to settle $3.5bn case

Indian conglomerate Lanco Infratech will pay Perdaman Chemicals and Fertilisers $7.5 million plus legal costs as settlement for a long-running $3.5 billion legal battle that erupted after Lanco pur

Energy 25 Oct 2012

Lanco wants to ship Collie coal to Pilbara

Indian company Lanco Infratech has released details of the planned expansion of its Griffin Coal business, in which it will invest an estimated $1.2 billion to underpin annual exports of 12 million

Deals 01 Feb 2012

Three advisors lead M&A sector

THREE corporate advisory firms, each with a very different profile, stood out as market leaders in the mergers and acquisitions sector last year.

Opinion 12 Oct 2011

Coal sale highlights fresh political failure

The sale of coal assets to foreign interests is a blow for WA's future energy needs.

Opinion 05 Oct 2011

Collie sale moves it into Premier league

Foreign ownership of Collie coal will have positive long-term outcomes.

29 Sep 2011

Perdaman wins appeal against Lanco/Griffin

Perdaman Chemicals and Fertilisers has had an interim victory in its Supreme Court battle with Indian energy giant Lanco Infratech and its subsidiary Griffin Coal, with the court granting a freezin

28 Sep 2011

Wesfarmers coal sale a concern: Barnett

The foreign ownership of Western Australia's two coal miners raises concerns about the long-term security of the state's power supplies, Premier Colin Barnett says.

28 Sep 2011

Wesfarmers sells Premier Coal for $296m

The state government has reacted critically to the sale of Wesfarmers' Premier Coal business, with premier Colin Barnett expressing concern over the state's two coal mines being in&n

Special Reports 21 Sep 2011

Oswals, Stowe fall-out a cautionary tale of what can happen when the dream fades

WHEN Pankaj Oswal emerged with a 5 per cent stake in listed Phosphate Australia in late 2008 – a little more than $2 million for 5.5 million shares at an average of 36 cents each – he was at the to

18 Feb 2011

Griffin administrators push DOCA deal

The administrators of coal business Griffin have urged creditors to back a deed of company arrangement as the best way of securing a return - but the timing of one-third of the sale proceeds hinges on the development of a rail export route via Bunbury.

Deals 15 Dec 2010

Indian group buys Griffin Coal

Indian infrastructure group Lanco Infratech has emerged as the winning bidder for the Collie coal business of Ric Stowe's failed Griffin coal and power empire.

News Articles for Lanco Infratech

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