Original article by Peter Ker
The Australian Financial Review – Page: 15 : 5-Dec-16
A BHP Billiton spokesperson has downplayed speculation that the resources giant could seek a buyer for the Gregory Crinum complex in Queensland, which it owns in partnership with Mitsubishi. BHP had shelved plans to sell Gregory Crinum in 2013, due to a downturn in the coking coal price. However, talk of a possible sale has been prompted by the recent rally in the price of coking coal, which is fetching more than $US300 per tonne. BHP mothballed the Crinum longwall mine in 2015.
CORPORATES
BHP BILLITON LIMITED – ASX BHP, MITSUBISHI CORPORATION, ANGLO AMERICAN PLC, BECHTEL PTY LTD, RIO TINTO LIMITED – ASX RIO, GLENCORE PLC, BATCHFIRE RESOURCES, AUSTRALIAN PACIFIC COAL LIMITED – ASX AQC, WESFARMERS LIMITED – ASX WES, PEABODY ENERGY CORPORATION, SOUTH32 LIMITED – ASX S32, RBC CAPITAL MARKETS