CAPITAL MARKETS

Xstrata to reduce interest in Bowen Basin assets

XSTRATA is set to sell interests in several of its Queensland coal projects for $555 million just months after completing its takeover of MIM Holdings.

Brad Ricks
Xstrata to reduce interest in Bowen Basin assets

London-listed Xstrata said it would sell a 20% interest in the Newlands, Collinsville, Abbot Point (NCA) joint venture, a 20% interest in the Oaky Creek joint venture, and a 25% interest in four Xstrata...

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