Yancoal to acquire Mitsubishi's 32.4% stake in HVO JV for $710M

Mitsubishi Development accepted Yancoal Australia's offer to acquire its 32.4% interest in the Hunter Valley Operations Joint Venture in New South Wales for $710 million. The deal also includes a call option for Yancoal to purchase Mitsubishi's 28.9% interest in the Warkworth operation for $230 million.

“Mitsubishi Development has accepted Yancoal Australia’s offer to acquire its 32.4% interest in the Hunter Valley Operations Joint Venture (HVO JV) in New South Wales for $710m.”mining-technology.com

• 1 source
• mining-technology.comMitsubishi accepts Yancoal’s proposal to acquire HVO JV stake - Mining TechnologyHemanthJun 14, 2017

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