Mitsubishi Development

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.

Yancoal Australia exercised a call option to acquire Mitsubishi Development's near-29% stake in the Warkworth joint venture for $230 million, increasing its stake to 84.5%. The deal is expected to close by early March 2018.

Glencore will pay US$1.139 billion to acquire a 49% interest in the Hunter Valley Operations coal mine from Yancoal and Mitsubishi Development, forming a joint venture.

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.