Bowen Coking Coal expands JV, reduces debt

Bowen Coking Coal (ASX:BCB) has sold a ten percent interest in the Broadmeadow East Mine.MPC Lenton (MPC), a wholly owned subsidiary of the Formosa Plastics Group, acquired the interest for cash plus royalties.$13m changed hands on Friday completing the sale.The mine was previously 100 percent owned by a wholly owned BCB subsidiary called Coking Coal One.The […]

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Industry Queensland
Industry Queensland