{"id":746546,"date":"2026-06-19T11:19:10","date_gmt":"2026-06-19T11:19:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/746546\/"},"modified":"2026-06-19T11:19:10","modified_gmt":"2026-06-19T11:19:10","slug":"indonesias-ithaca-snaps-up-bankrupt-queensland-coal-miner-vitrinite","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/746546\/","title":{"rendered":"Indonesia\u2019s Ithaca snaps up bankrupt Queensland coal miner Vitrinite"},"content":{"rendered":"<p>A bankrupt Queensland coal miner that collapsed owing $400 million has been acquired by an Indonesian rival for more than $200 million.<\/p>\n<p>Brisbane-headquartered Vitrinite filed for administration earlier this year when a creditor, Singaporean commodities trading house Trafigura, sought repayment for $177 million it was owed. The privately owned company owed another $265.9 million to other creditors, including $16 million to employees and $2.2 million to Isaac regional council for unpaid haulage fees.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"A bankrupt Queensland coal miner that collapsed owing $400 million has been acquired by an Indonesian rival for&hellip;\n","protected":false},"author":2,"featured_media":746547,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[64,63,75,128],"class_list":["post-746546","post","type-post","status-publish","format-standard","has-post-thumbnail","category-environment","tag-au","tag-australia","tag-environment","tag-science"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/746546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=746546"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/746546\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/746547"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=746546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=746546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=746546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}