Original article by Brad Thompson
The Australian – Page: 13 & 14 : 25-Feb-26
Privately-owned coal miner Vitrinite has been placed in the hands of voluntary administrators from Cor Cordis and receivers from KordaMentha. Vitrinite’s assets include the Vulcan coking coal mine in Queensland’s Bowen Basin. A spokesperson for KordaMentha says it will shortly begin the process of selling or recapitalising Vitrinite’s assets. Vitrinite’s collapse has put further scrutiny on the Queensland government’s controversial coal royalty regime, which it inherited from the former Labor government and has refused to change.
CORPORATES
VITRINITE PTY LTD, COR CORDIS PTY LTD, KORDA MENTHA AND COLLEAGUES PTY LTD