Stanmore grows value through greater synergies

STANMORE Resources reckons there are value enhancement opportunities across the suite of Queensland coal assets it bought from BHP Mitsui for US$1.73 billion with a focus on prudent capital allocation during a period of strong market conditions.

Stanmore grows value through greater synergies Stanmore grows value through greater synergies Stanmore grows value through greater synergies Stanmore grows value through greater synergies Stanmore grows value through greater synergies

Stanmore believes there is potential for production expansion at its South Walker Creek mine.

The company said in a presentation that there was also increased scope to increase synergies between the acquired assets and its existing Isaac Plains complex.