APMDC Suliyari coal upcoming auction 1,50,000 MT for MP MSME on 2nd Dec 2024 @ SBP INR 2516/- per MT
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New UserAustralian coal miners recapitalise, eye BHP assets and other M&A
07 Jul 2021
Buoyed by a rebound in the price of coal, Australian miners of the resource are dusting off expansion plans and raising capital for new projects and acquisitions.
New Hope Corporation, a major thermal coal producer, raised about A$200 million ($152 million) late last month whose use it said "may include further growth expansion and opportunistic M&A activity."
And Stanmore Resources said last week its majority owner, Singapore-listed Golden Energy and Resources (GEAR), will increase a loan facility to $70 million, partly to help the Australian coal miner advance its Isaac Plains project.
Source : https://energy.economictimes.indiatimes.com/news/coal