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Whitehaven sells Blackwater stake for $1.6b

Whitehaven sells Blackwater stake for $1.6b

Whitehaven Coal is entering binding agreements with Nippon Steel Corporation and JFE Steel Corporation for the sale of a 30 per cent joint venture interest in the Blackwater coal mine in Queensland. The agreements, which amount to $US1.08 billion ($1.6 billion), will...
A record year for mining services

A record year for mining services

Perenti, Macmahon and Monadelphous have each seen record revenue increases in the 2023–24 financial year (FY24). Perenti A record underlying earnings before interest, taxes and amortisation (EBITA) of $314.2 million saw Perenti finish out FY24 strong. Free cash flow...
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