South32 to acquire half of Eagle Downs

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.

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South32 to acquire half of Eagle Downs South32 to acquire half of Eagle Downs South32 to acquire half of Eagle Downs South32 to acquire half of Eagle Downs South32 to acquire half of Eagle Downs

South32 CEO Graham Kerr.