# BT Mining buys Solid Energy mines for $96M

BT Mining, a joint venture of Bathurst Resources and Talley's Group, gained Overseas Investment Office approval to buy Solid Energy's Stockton, Rotowaro and Maramarua mines and other properties for $96 million.

- Type: Acquisition
- Announced: 2017-08-31
- Where: Stockton, Rotowaro, Maramarua, New Zealand
- Value: $69.0M (96.0M NZD)
- Status: announced
- Products: coal
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [BT Mining](https://endata.com/companies/26679.md) (acquirer)
- [Bathurst Resources](https://endata.com/companies/26680.md) (partner)
- [Talley's Group](https://endata.com/companies/26681.md) (partner)
- [Solid Energy](https://endata.com/companies/26682.md) (target)

## Sources

- [business.scoop.co.nz](https://business.scoop.co.nz/2017/09/01/96m-purchase-of-solid-energy-mines/), 2017-09-01: "BT Mining, the Bathurst Resources-Talley's Group joint venture formerly known as Phoenix Coal, has gained Overseas Investment Office approval to buy Solid Energy's Stockton, Rotowaro and Maramarua Mines and other properties for $96 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.