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SME Law

Peabody sells Millennium coal mine

MetRes has purchased metallurgical coal mine Millennium in Queensland from Peabody.

April 20, 2021 • By Jerome Doraisamy
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Peabody sells Millennium coal mine
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Firm: Johnson Winter & Slattery (Peabody).

 
 

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Deal: Peabody has been advised on its sale of the Millennium coal mine, located near Moranbah, Queensland, to MetRes, a 50/50 joint venture between ASX-listed Stanmore Coal and M Resources.

Value: Undisclosed.

Area: Resources.

Key players: The JWS team was led by partners Bruce Adkins and Stuart Clague, who were supported by partner Craig Wappett, senior associate Jarrod Wilksch and associate Haerim Nam.

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Deal significance: Mr Clague said: “Having worked with Peabody for the last decade, we are delighted to have advised Peabody on the sale of the Millennium coal mine to Stanmore and M Resources.”

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Jerome Doraisamy

Jerome Doraisamy

Author

Jerome Doraisamy is the managing editor of professional services (including Lawyers Weekly, HR Leader, Accountants Daily, and Accounting Times). He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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