Whitehaven to increase Narrabri shareholding by 7.5%

WHITEHAVEN Coal has entered into a binding agreement to acquire EDF Trading Australia, which owns a 7.5% interest in the Whitehaven-operated Narrabri underground coal mine in New South Wales.

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Whitehaven to increase Narrabri shareholding by 7.5% Whitehaven to increase Narrabri shareholding by 7.5% Whitehaven to increase Narrabri shareholding by 7.5% Whitehaven to increase Narrabri shareholding by 7.5% Whitehaven to increase Narrabri shareholding by 7.5%

Whitehaven Coal's Narrabri longwall.

Following completion, Whitehaven will own 77.5% of the mine, subject to other joint venture partners in the mine not exercising their pre-emptive rights.