Owned by subsidiary Coal Operations Australia, the assets have been on the market since February this year. COAL holds an 80% interest in the assets, which include the Moonee longwall mine, Catherine Hill Bay coal preparation plant and ship loading jetty, self-discharging vessel MV Wallarah, Chain Valley colliery and Wallarah mine, currently under care and maintenance.
The remaining 20% is owned by Nissho Iwai Corp.
York Mining owns and operates the 1.3Mtpa New Wallsend longwall mine, 18km west of Newcastle.
