News
12 February 2024

Stanmore swoops in on South32’s Eagle Downs

In:
Metals and Mining
Region:
Asia-Pacific

Coal miner Stanmore Resources is to buy diversified mining firm South32’s 50% interest in the Eagle Downs metallurgical joint venture coal project, in Queensland.Stanmore will acquire the Eagle Downs stake for $135 million, comprising a $15 million upfront cash payment, $20 million upon the...

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