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Coronado buys Wesfarmers Curragh mine for US$540 million

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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.

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  • Coronado buys Wesfarmers Curragh mine for US$540 million

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    Coronado buys Wesfarmers Curragh mine for US$540 million

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