Original article by Peter Ker
The Australian Financial Review – Page: 13 & 16 : 25-Sep-18

Coronado Global Resources will have a market capitalisation of more than $4bn after its proposed IPO. The company, whose primary listing will be in Australia, proposes to issue 166.5 million CHESS Depositary Interests to local shareholders; its only shareholder Coronado Group will in turn sell more than 123 million CDIs. Coronado Global Resources’ assets include the Curragh coking coal mine in Queensland and several coking coal mines in the US. MD and founder Garold Spindler expects the price of coking coal to remain above $US170 per tonne in the near-term, due to continued strong demand.

CORPORATES
CORONADO GLOBAL RESOURCES INCORPORATED, CORONADO GROUP, ENERGY AND MINERALS GROUP, WESFARMERS LIMITED – ASX WES, RIO TINTO LIMITED – ASX RIO, BHP BILLITON LIMITED – ASX BHP, BM ALLIANCE COAL OPERATIONS PTY LTD, MITSUBISHI CORPORATION, MMG LIMITED – ASX MMG, VIVA ENERGY GROUP LIMITED – ASX VEA