M&A

$480M for Gunnedah project

COAL & Allied has struck a hefty deal to sell its undeveloped Maules Creek project in the New South Wales Gunnedah Basin to Aston Resources for $A480 million cash.

Blair Price
$480M for Gunnedah project

The Australia-listed Rio Tinto subsidiary said the completion of the transaction remained subject to customary closing conditions, including regulatory approvals. Coal & Allied is expecting the deal...

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