# Sojitz to acquire Gregory Crinum coal mine from BHP and Mitsubishi for A$100M

Japan's Sojitz has agreed to acquire the Gregory Crinum coking coal mine in Queensland, Australia from BHP Billiton and Mitsubishi Development for A$100 million ($75.8 million). The mine has been under care and maintenance since 2016, and Sojitz plans to restart production.

- Type: Acquisition
- Announced: 2018-06-05
- Where: Bowen Basin, Queensland, Australia
- Value: $75.8M (100.0M AUD)
- Status: announced
- Capacity: 6 million tonnes per annum
- Products: hard coking coal
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [BHP Billiton](https://endata.com/companies/17143.md) (target)
- [Sojitz Corporation](https://endata.com/companies/22549.md) (acquirer)
- [Mitsubishi Development](https://endata.com/companies/24905.md) (target)

## Sources

- [miningconnection.com](https://miningconnection.com/coal_prep/news/article/sojitz_to_acquire_bhp_and_mitsubishis_gregory_crinum_coal_mine_for_100m_aus), 2018-06-05: "This is a great outcome for the parties to the transaction and for the region."

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