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Buma's demand puts Bowen on the brink of collapse

Recapitalisation may not be viable if the contractor demands payment

Haydn Black
Bowen warned that if coal prices do not improve, it may be forced to pause operations at Burton entirely.

Bowen warned that if coal prices do not improve, it may be forced to pause operations at Burton entirely. | Credits: Bowen Coking Coal

Indonesia-based mining services contractor Buma appears to have lost patience with ASX-listed Bowen Coking Coal, issuing a letter demanding A$15.2 million in unpaid invoices be paid by tomorrow. It...

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