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Coronado buys Wesfarmers Curragh mine for US$540 million
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Report summary
On 22 December 2017, Wesfarmers announced an agreement to sell its 100% interest in the Curragh coal mine and Curragh MDL 162 project in Queensland, Australia to private equity backed Coronado Coal from the United States. Coronado will pay A$700 million (US$540 million) on completion plus a value share mechanism linked to future metallurgical coal prices.
Table of contents
- Coronado buys Wesfarmers Curragh mine for US$540 million
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- Key facts
- Consideration and value sensitivities (US$ million)
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