The reports of coal’s death have been greatly exaggerated

energy coal

Energy & Resources Partner Bruce Adkins discusses how the death of coal has been greatly exaggerated. Recent transactions in the Australian coal sector demonstrate that quality Australian coal assets continue to be in demand. What does the future hold for the Australian coal sector?

2016 is already proving to be quite busy in the coal sector, particularly for Corrs Chambers Westgarth Partner, Bruce Adkins and his team.

Last week Corrs clients Peabody Energy Australia and CITIC Resources Australia announced their A$120 million sale of the Olive Downs and Willunga coal projects. 

Other significant clients Bruce has advised on in the coal sector include:

  • Stanmore Coal on the re-start of their Isaac Plains Coal mine, which they purchased from Vale and Sumitomo last year;
  • MACH Energy – a company owned by Indonesian billionaire Anthoni Salim – on its A$320 million acquisition of the Mount Pleasant Coal Project; and
  • The Administrators of Bandanna Energy on the sale process, which has resulted in the sale of the Dingo West coal project.

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Bruce Adkins

Partner. Brisbane
+ 61 7 3228 9431