BUMA to acquire Downer's Open Cut Mining East business for $150M

Indonesian coal mining contractor BUMA will acquire Downer's Open Cut Mining East business, including contracts with BHP Mitsubishi Alliance and others, for approximately $150 million in cash.

“Downer will receive about $150 million in cash from the transaction, subject to completion adjustments.”miningmonthly.com

• 1 source
• miningmonthly.comIndonesian group to take over Downer coal contractsLou CaruanaOct 11, 2021

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