Skip to main content

Advertisement

Advertisement

Business

Stanmore Resources to buy Mitsui's 20% stake in BHP JV for $380 million

Stanmore Resources to buy Mitsui's 20% stake in BHP JV for $380 million

FILE PHOTO: The logo of Japanese trading company Mitsui & Co. is seen in Tokyo, Japan, January 10, 2018. REUTERS/Toru Hanai

Australian coal explorer Stanmore Resources said on Friday its unit would buy Mitsui & Co's remaining 20 per cent stake in BHP Mitsui Coal, the Japanese firm's joint venture with BHP Group, for $380 million.

Source: Reuters

Advertisement

Also worth reading

Advertisement