M&A

Straits acquires coal mine

STRAITS Resources' subsidiary, Straits Asia, has entered into an agreement to acquire the Jembayan coal mine in East Kalimantan, Indonesia.

MiningNews.Net
Straits acquires coal mine

The company said yesterday it has entered into a definitive sale and purchase agreement to acquire 100% of the mine for $US350 million ($A375 million). The purchase consideration is to be settled through...

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