South32 getting Metropolitan

SOUTH32 has entered into a $US200 ($A261) million binding agreement to buy Peabody Energy’s Metropolitan colliery and associated 16.67% interest in the Port Kembla Coal Terminal.

sponsored-logo
South32 getting Metropolitan South32 getting Metropolitan South32 getting Metropolitan South32 getting Metropolitan South32 getting Metropolitan

South32 has made its first acquisition, picking up Peabody's Metropolitan colliery.

The acquisition will consolidate South32’s presence in the Illawarra coal fields of New South Wales, where it owns the Appin and Dendrobium collieries.

loader