
China’s biggest steel maker exits Queensland coal
Stanmore Coal will consolidate ownership of undeveloped Eagle Downs coking coal mine after striking a deal with steel maker Baowu.

Stanmore Coal will consolidate ownership of undeveloped Eagle Downs coking coal mine after striking a deal with steel maker Baowu.

Stanmore has finalized a decisive move to fully consolidate its control over the Eagle Downs metallurgical coal project

Stanmore Resources on Monday announced that it will buy diversified mining firm South32’s 50% interest in Eagle Downs

Stanmore Resources has acquired South32’s 50% stake in the Eagle Downs metallurgical coal project in Queensland for $15 million

Whitehaven Coal had no troubles bankrolling its $6.2 billion acquisition of BHP’s Daunia and Blackwater coal mines.