"We came in and said we are going to provide a holistic economic rehabilitation solution we wanted to take all the assets, all the liabilities," Mr Walta said. Eddie JimĬentury officially reached the end of its working life in 2015 and as MMG sought to liquidate the remaining assets on site, it came across Raging Bull's unlikely offer to take ownership of Century and its lengthy rehabilitation process. The Raging Bull team includes John Carr (left), Patrick Walta (middle) and Tolga Kumova (right). That reputation was enhanced last month when Raging Bull struck a deal with MMG to acquire the remnants of Australia's largest zinc mine, the Century operation in Queensland. In a sector where rehabilitation is typically viewed as an expensive obligation rather than an opportunity, Mr Walta's company Raging Bull is taking advantage as big miners increasingly seek to outsource or divest their rehabilitation work. Patrick Walta is earning a reputation for cleaning up other people's mess, and some of the world's biggest mining companies are starting to take notice.
0 Comments
Leave a Reply. |