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Noble Group files lawsuit against Gloucester Coal, Yancoal

Published 03/08/2018, 07:51 pm
Updated 03/08/2018, 08:00 pm
© Reuters.  Noble Group files lawsuit against Gloucester Coal, Yancoal

Aug 3 (Reuters) - Commodities trader Noble Group NOBG.SI said one of its units had filed a claim in an Australian court against miners Yancoal Australia YAL.AX and Gloucester Coal alleging breaches on a marketing services contract entered in 2011.

Noble would seek damages of at least $127 million, it said in a statement on Friday.

The claim has been filed in the Supreme Court of New South Wales by Noble Resources International Pte Limited, a subsidiary of the Nobel Group.

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