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Aug 7, 2018 · MELBOURNE (Reuters) - 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...
Nov 15, 2016 · Wesfarmers hasn't put a price tag on the mines, but the division, producing steel-making grade coking coal and thermal coal for power generation, could fetch upwards of A$2 billion ($1.5...
Nov 17, 2016 · High coal price inspires Wesfarmers to look at $2bn sale of mines | The Australian. Home. business. mining energy. High coal price inspires Wesfarmers to look at $2bn sale of mines. Coking coal prices have surged beyond all expectations since the start of July. By matt chambers. and bridget carter. DataRoom Editor.
Apr 14, 2010 · By Rebecca Lawson. Wesfarmers has moved to a quarterly coal pricing system for the majority of ore produced at its Curragh mine in Queensland after achieving a 70 per cent increase to current prices. The diversified company said it had concluded all negotiations over the metallurgical coal exports from Curragh with all major customers.
Feb 14, 2017 · Australian retail-to-mining conglomerate Wesfarmers Ltd unveiled a record first-half profit as a boom in coal prices offset a decline in supermarket earnings - a result that has investors ...
May 6, 2014 · MINING and retail firm Wesfarmers has been hit by further falls in coal prices, raising questions about the value of its resources business.
Jun 30, 2017 · Having expressed an interest in exiting the mining business, Wesfarmers hired UBS to explore a sale of Curragh and its 40 percent stake in the Bengalla thermal coal mine, following a coal price ...
