MANAGEMENT

Downer officially out of mining

DOWNER EDI has completed the sale of its Open Cut Mining East business to BUMA Australia for $150 million.

The sale of Open Cut Mining East was the final transaction in Downer’s divestment of its mining business.

The sale of Open Cut Mining East was the final transaction in Downer’s divestment of its mining business.

BUMA is an Australian subsidiary of Indonesian mining contractor giant PT Bukit Makmur Mandiri Utama. Downer CEO Grant Fenn said the sale of Open Cut Mining East was the final transaction in Downer's...

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