Aquila, Vale settle legal dispute

Parties will now align to complete construction of Eagle Downs coking coal project.

Aquila Resources (AQA) and Vale S.A.'s subsidiary Bowen Central Coal have resolved a legal dispute regarding their Bowen Central Coal joint venture (BCC JV), that will now see the parties work together to complete the construction of the Eagle Downs hard coking coal project.

Aquila's subsidiary Aquila Coal 50% owns the JV with Bowen Central Coal.

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