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WHITEHAVEN COAL LIMITED — M&A Activity 2018
May 14, 2018
66059_rns_2018-05-14_6ae87f9b-6b37-4cbe-97a5-65838948b588.pdf
M&A Activity
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ASX
ANNOUNCEMENT
15 May 2018
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Whitehaven Completes Tarrawonga Acquisition
Whitehaven Coal Limited (ASX:WHC) is pleased to announce that it has received Ministerial Consent and approval for the transfer of Idemitsu’s 30% joint venture interest in the Tarrawonga mine to the company. The acquisition increases Whitehaven’s equity share in annual saleable coal production by about 0.55Mtpa.
Whitehaven’s Managing Director and CEO, Paul Flynn said “that the completion of the acquisition further consolidates Whitehaven’s position in the Gunnedah Basin, the source of some of the highest quality coal available in the seaborne market”.
For further information please contact
Ian McAleese, GM Investor Relations P 02 8222 1155 Michael Van Maanen - Media P 0412 500 351