BCC makes bid for Lenton JV

BOWEN Coking Coal is seeking to position itself as a significant multi-mine coking coal producer through its proposed agreement to acquire 90% of New Hope Corporation’s Lenton joint venture project in Queensland.

BCC makes bid for Lenton JV BCC makes bid for Lenton JV BCC makes bid for Lenton JV BCC makes bid for Lenton JV BCC makes bid for Lenton JV

The Lenton JV owns the New Lenton project and the Burton mine located in the northern Bowen Basin.

BCC has signed a binding term sheet with New Hope to acquire 100% of the shares in New Lenton Coal, which owns a 90% interest in the Lenton JV.