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Wesfarmers Limited is an Australian conglomerate, headquartered in Perth, Western Australia. It has interests predominantly in Australia and New Zealand, operating in retail, chemical, fertiliser, industrial and safety products. With revenue of A$43.5 billion in the 2023 financial year, [2] it is one of Australia's largest companies by revenue.
Aug 7, 2018 · Australia's Wesfarmers Ltd has agreed to sell its last coal asset for A$860 million ($635 million), taking advantage of a surge in coal prices, as the conglomerate embarks on the biggest overhaul ...
Jun 30, 2017 · The Curragh mine was running at a rolling production rate of 8.3 million tonnes of coking coal and 3.6 million tonnes of thermal coal, according to Wesfarmers' last quarterly production report.
SYDNEY -- Australia's Wesfarmers is exiting the coal business after unloading its last mining asset, shifting management resources to segments like retail as pressure against the heavily polluting ...
Shares in New Hope Coal have surged more than 10 per cent to a 56-month high after the company agreed to buy Wesfarmers' last remaining coal asset at what analysts judged to be a bargain price. In ...
On 23 May, Wesfarmers announced its successful $200 million bid for the Curragh coal mine in Queensland. Wesfarmers had not made a major acquisition for six years and at the time coal was out of favour. Many analysts were critical of the acquisition, saying the price was too high and Wesfarmers had lost its financial discipline. Then Managing ...
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Jun 30, 2017 · LONDON/SYDNEY, June 30 (Reuters) - The final group attempting to buy the Curragh coking coal mine in Australia from conglomerate Wesfarmers Ltd has dropped out, two sources familiar with the ...
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related to: wesfarmers coal companyOur Experts Are Pursuing New Tech To Reduce Emissions While Creating More Efficient Fuels. Advancing Lower-Emission Energy Solutions Through Science & Technology.