Stanmore to acquire remaining interest in SMC from Mitsui
Having previously acquired BHPs 80 percent stake in BHP Mitsui Coal Stanmore has now acquired Mitsuis remaining 20 percent stake
Source: worldcoal.com
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Having previously acquired BHPs 80 percent stake in BHP Mitsui Coal Stanmore has now acquired Mitsuis remaining 20 percent stake
Stanmore Resources has agreed to purchase the remaining 20% stake in a metallurgical coal joint venture (JV) in Queensland from Mitsui.
Stanmore has secured a debt facility of $625m with certain financiers to partly fund the proposed acquisition of 80% interest in BMC.