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Bowen Coking Coal Faces $15.3M Demand, Weighs Future Negotiations
9:57am on Tuesday 15th of July, 2025 AEST
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Mining
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Bowen Coking Coal Faces $15.3M Demand, Weighs Future Negotiations
9:57am on Tuesday 15th of July, 2025 AEST
Key Points
Letter of demand for $15.29 million received from BUMA Australia
Payment deadline set for midday 16 July 2025
Bowen reconsidering viability of ongoing negotiations and recapitalisation
Engagement continues with BUMA, lender Taurus, and Queensland Revenue Office
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