BCB sells 10% of Broadmeadow East Mine
Filed with ASX · · 5 pages · English
Bowen Coking Coal Ltd (ASX:BCB or Company) and MPC Lenton Pty Ltd (MPC), a wholly owned subsidiary of the Formosa Plastics Group, have agreed to sell the Broadmeadow East Mine to the Burton-Lenton Joint Venture (BLJV) in a cash and royalties transaction. The incorporation of the Broadmeadow East Mine into the BLJV allows for increased coal blending options to target specific markets and facilitate
Story so far
Earlier from Bowen Coking Coal
- Sumitomo elects to proceed with Phase 2B at Hillalong
- Successful $40m Placement and $10m SPP
- Isaac River receives Government Environmental Approval
- Isaac River Update
- Burton Wash Plant and Boxcut Underway
Later from Bowen Coking Coal
- Shipping Update and Hillalong South Resource Upgrade
- Company Strategic Review and Update
- Bluff Mine transitions into care and maintenance
- Agreement on revised debt terms
- Lenton Deposit Coal Reserve Update
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