Coal miner’s US$1B deal will offset net debt and help fund acquisition costs
Japanese steelmakers have taken a 30% stake in Blackwater mine. Photo courtesy Whitehaven Coal | Credits: Whitehaven Coal
Whitehaven Coal has sold off a 30% stake in Queensland's Blackwater coal mine for US$1.08 billion, recouping some of the $4.1 billion it pledged to buy out the stakes in Daunia and Blackwater owned by...
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