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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.

Noel Dyson
Whitehaven Coal has grown its stake in Narrabri.

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. If all participants, including...

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