South32 to sell Illawarra Metallurgical Coal to Golden Energy and Resources and M Resources

South32 to sell Illawarra Metallurgical Coal to Golden Energy and Resources and M Resources

In a significant development within the mining and resources sector, South32 (ASX:S32), a global mining and metals company, has entered into an agreement to sell its Illawarra Metallurgical Coal operations to a consortium led by Golden Energy and Resources (GEAR) and M Resources. The deal, valued at up to US$1.65 billion, marks a pivotal move […]