LYP needs the ALCOA Contract not only to satisfy the banks but it can obtain further funding AND IMPROVE ITS CREDIT RATING by providing the lignite to Victoria Coldry .
40 Million tons of lignite at $2 to $3 makes the much unloved lignite become value added bonus and meet the conditions in climate change policy .
plus the benefits of water savings to operations.
http://www.theaustralian.com.au/business/alcoa-deal-drives-loy-yang-debt-refinancing/story-e6frg8zx-1225932551960
coldry benefits to victorian power supply, page-13
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