Insight
South32 consolidates Illawarra with acquisition of Peabody's Metropolitan
Report summary
South32 has agreed to acquire Peabody Energy's Metropolitan coking coal mine in New South Wales and the associated 16.67% interest in Port Kembla Coal Terminal (PKCT) for US$200 million in cash. This is South32's first deal to buy an operating mine since it was spun out of BHP Billiton in 2015.
Table of contents
- Overview
- Deal summary
-
Location map
- Coal assets
- Deal analysis
- Upside and risks
-
Strategic rationale
- South32
- Peabody Energy
Tables and charts
This report includes 13 images and tables including:
- Key facts
- South 32 Illawarra coal mines and Peabody's Metropolitan coal mine
- Summary valuation
- South32 consolidates Illawarra with acquisition of Peabody's Metropolitan: Table 5
- Deal-implied long-term HCC prices (real 2016 terms) vs. Argus HCC monthly average pricing
- Economic assumptions
- Valuation sensitivity - Price (US$M)
- Key assets
- Marketable reserves
- Production
- Cash costs trend (A$/tonne)
- 2016
- 2020
What's included
This report contains:
Other reports you may be interested in
Asset Report
Narrabri Gas Project
The Narrabri project is a proposed coal seam gas (CSG) development. It is located in the Gunnedah Basin, NSW.The first CSG wells ...
$3,100
Insight
Corporate CCUS benchmarking 2024
Which oil and gas companies are embracing CCUS as part of their energy transition strategy?
$1,350
Asset Report
Boseto copper mine
A detailed analysis of the Boseto copper mine.
$2,250
