MINERS

Coronado forges deeper ties with Stanwell

Revised loan designed to improve long-term financial viability

The $150 million asset-based loan in place with Highland Park XII will be replaced by one from Stanwell.

The $150 million asset-based loan in place with Highland Park XII will be replaced by one from Stanwell. | Credits: Coronado Global Resources

Coronado Global Resources has expanded its relationship with Stanwell Corporation to include a revised loan structure, which the embattled coal miner hopes will help secure its long-term financial viability....

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