Senator's brother in $61m mine row : comparemela.com

Senator’s brother in $61m mine row
Glencore appointed McGrathNichol as receivers of ICRA’s 12.5 per cent share in Rolleston in early December
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by Nick Evans
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The brother of former federal resources minister Matt Canavan lodged a $61.7m claim against the coal company he controlled only weeks before mining major Glencore called in receivers to seize control of its share in a Queensland mine.
Glencore called in McGrathNichol as receivers to ICRA Rolleston Pty Ltd over $35.2m in debts on December 8. ICRA bought a 12.5 per cent stake in the Rolleston coal mine from Japan's Itochu in 2018 for an undisclosed sum. Its sole director is John Canavan, brother of the former resources minister.

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