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State-owned company sell-off continues

NEW ZEALAND government-owned coal miner Solid Energy has reached a milestone step in the sale of its assets and will begin the final stage of the sale process as scheduled.

Karma Barndon
Solid Energy has passed a crucial milestone in its sell-off process.

Solid Energy has passed a crucial milestone in its sell-off process.

The once profitable company fell victim to the commodity market downturn in 2012 and entered voluntary administration in August 2015 after the directors concluded that with a $NZ395 debt the company had...

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