M&A

Cockatoo strengthens Korean ties

SOUTH Korean steel giant POSCO has put its weight behind junior explorer Cockatoo Coal, buying a $A25 million stake in the company.

MiningNews.Net
Cockatoo strengthens Korean ties

Under the deal, POSCO Australia will hold a 19.99% interest in the Queensland company and have the right to purchase 1 million tonnes of coal per annum from any of Cockatoo's operations when they come...

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