Tuesday, February 15, 2011
Xstrata declares force majeure at Australia's Ulan coal mine
Tuesday 15 February 2011
PERTH, Feb 15 (Reuters) - Global (news) miner Xstrata (XTAF.EX - news) has declared force majeure at its Ulan thermal coal mine in Australia's New South Wales state due to heavy rains, the company said on Tuesday.
"We have declared FM on certain customer vessels for the Ulan operation, following the interruption to production as a result of significant water underground following recent heavy rains," spokesman James Rickards said in an email.
The company is currently pumping the water out from the underground area, but said it is currently does not have an estimate to speculate at this time as to when production will resume.
(Reporting by Rebekah Kebede; editing by Balazs Koranyi,sourced:Reuters)
Tags:Perth, Xstrata, declared, force majeure, Ulan thermal coal mine, Australia, South Wales state, heavy rains, coal vessel,