Fri,07 Oct 2011
Aquila Resources Limited refers to its announcement dated 8 September 2011 regarding the interlocutory injunction obtained by Aquila Coal Pty Ltd restraining Vale SA wholly owned subsidiary, Bowen Central Coal Pty Ltd from seeking to vote on a resolution proposed by Vale in relation to the Eagle Downs Hard Coking Coal Project.
Late on Tuesday 4 October 2011, the last day of the appeal period available to Vale, Aquila Coal was served a notice of appeal by Vale. Aquila will defend the appeal.
Aquila will continue to keep the market informed of developments in respect of the above.
Lee Universal Enterprises is a leading International mining company.We are leader in mining,processing and export of minerals. Company's Business area is spread all over the world including India, Indonesia,China and Australia.Mainly we work in Coal, Iron Ore and Red Ochre.
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