Solid Energy said that it is looking for potential partners for its Spring Creek mine as part of its restructure.

Chairman Mr Mark Ford said that it is still early days as to whether it will be able to get a partner on board.

He said “We are talking to many companies both in Australia and in Asia but how real that is I can't tell you at the moment.”

Solid Energy is proposing to put Spring Creek Mine into care and maintenance mode, which would reduce worker numbers from 254 to about 32, and eventually to 20.

Source - Radio New Zealand

(www.coalguru.com)