Stanmore to expand with minimal capex

STANMORE Coal will use a “capital light” strategy to expand saleable coal production from 2.4 million tonnes to 5Mtpa over the next two years.

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Stanmore to expand with minimal capex Stanmore to expand with minimal capex Stanmore to expand with minimal capex Stanmore to expand with minimal capex Stanmore to expand with minimal capex

Stanmore will secure approvals to develop new coal sources without major capex commitments.

Interim CEO Jon Romcke said this would require the company to secure approvals to develop new coal sources without major capex commitments and acquire further coal preparation plant capacity and port