Whitehaven seals deal for Daunia, Blackwater

Whitehaven Coal is acquiring the Daunia and Blackwater metallurgical coal mines from BMA in a $5 billion-plus deal.Whitehaven chief executive officer and managing director Paul Flynn hailed the deal as a transformational acquisition that would pivot the company’s portfolio towards metallurgical coal.“This is a highly attractive and materially earnings accretive acquisition, with considerable upside potential, […]

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Industry Queensland