Whitehaven expands Narrabri stake

WHITEHAVEN Coal has bought EDF Trading, which holds a 7.5% stake in the Narrabri underground coal mine 17km southeast of Narrabri, New South Wales, for US$72 million.

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Whitehaven expands Narrabri stake Whitehaven expands Narrabri stake Whitehaven expands Narrabri stake Whitehaven expands Narrabri stake Whitehaven expands Narrabri stake

Whitehaven Coal has grown its stake in Narrabri.

The deal takes Whitehaven's stake in the mine to 77.5% and triggers pre-emptive rights in favour of each of the Narrabri joint venture participants, including Whitehaven.

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