COCKATOO Coal's subsidiary SE QLD Energy has agreed to sell its EPC 882 Kingaroy tenement to More...
Although a non-core asset for the company, the sale aligns with Cockatoo’s strategy of expanding its flagship Baralaba metallurgical coal mine.
It will also continue to hold an extensive position in the Surat Basin via wholly owned coal projects containing more than 780 million tonnes of JORC compliant resources.
The transaction is subject to regulatory approvals and the finalisation of due diligence.
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