The owner of an iron ore mine on Tasmania's west coast has lodged a USD 43 million damages claim over a fire in 2006.

The fire broke out in the Savage River mine while a mill was being repaired.

Goldamere Pty Ltd trading as Australian Bulk Minerals is suing five other companies including the principal contractor Metso Minerals a sub contractor and an equipment provider.

ABM's claim states a loss of USD 12 million for fire damage and a further USD 31.5 million for lost income. The parties have appeared in the Hobart Supreme Court to argue over legal privilege for documents relating to the claim.

The court's decision has been reserved.

(Sourced from ABC.net)