Solid Energy asset sale anticipated as coal prices riseSARAH-JANE O'CONNOR/FAIRFAX NZ Solid Energy entered voluntary administration in August 2015. Rising coal prices after years of decline could help boost the sale of Solid Energy assets, which went up for sale last year. Coal prices have risen, generally, since February this year, piquing the interest of potential buyers that use coal for the steel industry, which is Stockton's specialty. MORNING REPORT/Radio New Zealand The coal industry on the West Coast is warming up again, after years of falling prices. READ MORE:* Aussie buyers can't be bothered to check out Solid Energy Stockton mining equipment* More jobs lost at Solid Energy on the West Coast- Audio provided courtesy RNZSARAH-JANE O'CONNOR/FAIRFAX NZ Solid Energy's coal-handling facility at Ngakawau, north of Westport, which services Stockton Mine.

Source: Stuff August 28, 2016 20:33 UTC