Bowen Coking Coal assures ramp-up with $50m equity raise

irst ROM coal from Bowen Coking Coal Ellensfield South Pit

Bowen Coking Coal has secured funding to ramp up mining at its Ellensfield South pit through a fully underwritten $50 million equity raise. Richlister Brian Flannery’s Ilwella is among the existing major shareholders chipping in for a total of about $15 million in equity commitments in addition to $16 million from new investor – coal […]

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Industry Queensland
Industry Queensland