international
Miner Nathan River Resources collapses owing at least $300m
Key takeaways
- Nathan River Resources operates in the remote NT near the Gulf of Carpentaria.
- Nathan River Resources has entered administration after a turbulent period where it closed its NT mine and stood down dozens of workers.
- The company owes at least $300 million in debt, unpaid wages and payments to the NT government and traditional owners.
Why this matters: an international story with cross-border implications worth tracking.
Nathan River Resources operates in the remote NT near the Gulf of Carpentaria. (Supplied: Nathan River Resources)
Nathan River Resources has entered administration after a turbulent period where it closed its NT mine and stood down dozens of workers.
The company owes at least $300 million in debt, unpaid wages and payments to the NT government and traditional owners.
Article preview — originally published by ABC Australia. Full story at the source.
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