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Wednesday, June 22, 2011

Australia's Aquila sees no further coal deliveries from Isaac Plains in June

Jun21, 2011

MELBOURNE, June 22 (Reuters) - Australia's Aquila Resources warned on Wednesday that two coal shipments it had expected in June from its Isaac Plains will not be delivered due to its ongoing dispute with Brazil's Vale .

It said due to the shipment squabble, stockpile limits would be reached in early July at Isaac Plains, which in turn would hamper operations at the mine in Queensland.

Aquila said it now expects its total Isaac Plains sales for the June quarter will be 141,740 tonnes.

(Reporting by Sonali Paul, Thomson Reuters)

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