BMA sells Gregory Crinum Mine for $100m

0
800
Image credit: Skip to main contentSkip to toolbar About WordPress Australian Manufacturing 1818 comments awaiting moderation New View Post SEO Howdy, Dana Ablis Log Out Help Screen Options Edit Post Add New Enter title here BMA sells Gregory Crinum Mine for $100m Permalink: http://www.australianmanufacturing.com.au/54599/bma-sells-gregor…um-mine-for-100m ?Edit Get Shortlink Add MediaAdd ShortcodeVisualText Paragraph Shortcodes Add SW Shortcode Word count: 192 Last edited by News - Ausm on May 31, 2018 at 5:16 am Toggle panel: Publish Preview Changes (opens in a new window) Status: Published Edit Edit status Visibility: Public Edit Edit visibility Published on: May 31, 2018 @ 06:15 Edit Edit date and time Move to Trash Toggle panel: Categories All Categories Most Used News World News Mining & Resources Sustainability Events Featured Technology Grants Media Release Uncategorized + Add New Category Toggle panel: Tags Add New TagSeparate tags with commasRemove term: Australian Manufacturing Australian ManufacturingRemove term: BHP Billiton Mitsubishi Alliance BHP Billiton Mitsubishi AllianceRemove term: BMA BMARemove term: Crinum underground mine Crinum underground mineRemove term: Gregory Crinum Mine Gregory Crinum MineRemove term: Gregory open cut mine Gregory open cut mineRemove term: hard-coking coal hard-coking coalRemove term: Sojitz Corporation Sojitz Corporation Choose from the most used tagsToggle panel: Featured ImageClick the image to edit or updateRemove featured imageToggle panel: Format Post Formats Standard Video Audio Gallery Image Quote Link Aside Toggle panel: Vergo Post Options Post formats options VideoEnter iframe video code (548px width). AudioEnter iframe audio code. LinkInsert the URL you wish to link to. Main Rating & Rating Category Main rating - ScoreAdd rating in %. SummaryAdd short rating description Partial rating Rating #1 LabelAdd partial rating label (eg. Design, Performance, Price...) ScoreAdd rating: 1-100 (will be displayed in %). Rating #2 LabelAdd partial rating label (eg. Design, Performance, Price...) ScoreAdd rating: 1-100 (will be displayed in %). Rating #3 LabelAdd partial rating label (eg. Design, Performance, Price...) ScoreAdd rating: 1-100 (will be displayed in %). Rating #4 LabelAdd partial rating label (eg. Design, Performance, Price...) ScoreAdd rating: 1-100 (will be displayed in %). Rating #5 LabelAdd partial rating label (eg. Design, Performance, Price...) ScoreAdd rating: 1-100 (will be displayed in %). Rating #6 LabelAdd partial rating label (eg. Design, Performance, Price...) ScoreAdd rating: 1-100 (will be displayed in %). Toggle panel: All in One SEO PackHelp UPGRADE TO PRO VERSION Preview Snippet BMA sells Gregory Crinum Mine for $100m | Australian Manufacturing http://www.australianmanufacturing.com.au/54599/bma-sells-gregory-crinum-mine-for-100m BHP Billiton Mitsubishi Alliance (BMA), a 50-50 joint venture between BHP and Mitsubishi Development, has agreed to sell the mothballed Gregory Crinum Mine... TitleBMA sells Gregory Crinum Mine for $100m66 characters. Most search engines use a maximum of 60 chars for the title. DescriptionBHP Billiton Mitsubishi Alliance (BMA), a 50-50 joint venture between BHP and Mitsubishi Development, has agreed to sell the mothballed Gregory Crinum Mine in central Queensland, to Sojitz Corporation for A$100 million.219 characters. Most search engines use a maximum of 230-320 chars for the description. NOINDEX this page/postNOFOLLOW this page/postDisable on this page/postThank you for creating with WordPress. Version 4.9.6 82 visitors online now 24 guests, 57 bots, 1 members Max visitors today: 109 at 06:58 am This month: 202 at 05-28-2018 12:32 pm This year: 233 at 04-01-2018 02:03 am All time: 346 at 06-13-2017 10:24 pmClose media panel Featured Image Filter by typeFilter by dateSearch Media Search media items... ATTACHMENT DETAILSBHP-Gregory-Crinum-Mine.jpg May 31, 2018 257 KB 1200 × 798 Edit Image Delete Permanently URL http://www.australianmanufacturing.com.au/wp-content/uploads/2018/05/BHP-Gregory-Crinum-Mine.jpg Title BHP Gregory Crinum Mine Caption Image Alt Text Description Smush 6 images reduced by 16.9 KB ( 5.2% ) Image Size: 257.0 KBSmush stats [+] Set featured image

BHP Billiton Mitsubishi Alliance (BMA), a 50-50 joint venture between BHP and Mitsubishi Development, has agreed to sell the mothballed Gregory Crinum Mine in central Queensland, to Sojitz Corporation for A$100 million.

Located 60 km north east of Emerald in the Bowen Basin, the site comprises the Crinum underground mine, Gregory open cut mine, undeveloped coal resources and on-site infrastructure including a coal handling and preparation plant, maintenance workshops and administration facilities.

Before it was placed into care and maintenance in January 2016, the mine had a production capacity of six million tonnes of hard coking coal per annum.

BMA Asset President Rag Udd said the decision to sell the mine followed a detailed review that concluded there is potential for another party to realise greater value at the mine.

“This is a great outcome for the parties to the transaction and for the region,” Mr Udd added.

Advertisement


“This will provide further employment in Emerald, and additional royalties and taxes to the people of Queensland.”

“We wish Sojitz well in its plans to recommence production at the site.”

The sale, subject to customary regulatory approvals, is expected to complete in several months.

Image credit: www.bhp.com