SOUTH32 is set to operate and acquire 50% of the Eagle Downs metallurgical coal project in Queensland’s Bowen Basin from Chinese group BaoWu in a US$133 million deal plus royalties.
South32 CEO Graham Kerr.
The remaining 50% of the mine will be owned by BaoWu subsidiary Aquila Resources. Eagle Downs is a fully permitted metallurgical coal development project located immediately adjacent to and down dip...
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