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Mitsubishi Corporation ("MC") announced on June 13, 2017 that it had reached an agreement for the sale of its 28.9% ownership interest in Warkworth Coal Mine ("WW") in Australia held by wholly owned subsidiary Mitsubishi Development Pty Ltd to Yancoal Australia Limited ("Yancoal").
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The total sale value of the mine, with interests held by MC and BHP combined, will be A$100 million (ca. ￥8.2B). Completion of the sale will be subject to fulfillment of conditions precedent, including approval from the Australian government.
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Oct 28, 2018· Home » Technology Headlines » Protesters in Germany block tracks to disputed coal mine. Myanmar's Suu Kyi says in hindsight could have handled Rakhine issue better Why Super Typhoon Mangkhut is so scary Justices to hear antitrust case over sale of iPhone apps
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Myanmar is expected to lead in the Mekong region for mining industry growth, driven by the high production growth of tin, lead and coal. Japan's Mitsui may sell stake in Australia thermal coal mine . The world's biggest miner promised in July to return the $10.5 billion in sale proceeds to shareholders.
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Stanmore Completes Wotonga Coal Deal Australian mining firm Stanmore Coal has completed its acquisition of the Wotonga deposit in Queensland from US coal producer Peabody for A$7mn ($4.9mn). It expects to complete its purchase of the adjacent Isaac Plains coking and thermal coal mine by the end of next month.