American Metals and Coal International has expanded its Australian coal mines portfolio with the addition of Baralaba North mine in Queensland, sold by United States insurer Liberty Mutual. Ownership of the Baralaba mine transferred to AMCI in the lead-up to Christmas and is held directly by AMCI’s Australia Coal subsidiary and separate to its other coal mining interests in Australia. Financial details of the Baralaba North mine deal are confidentialApproval for the deal is in the in-tray of the Australian government’s Foreign Investment Review Board that vets large takeovers and is believed to be a formality' given AMCI’s existing coal investments.AMCI is an investor in Fitzroy Australia Resources, Queensland coal miner with several mines and nearproduction projects in the Bowen Basin including, Carborough Downs and Ironbark
American Metals and Coal International has expanded its Australian coal mines portfolio with the addition of Baralaba North mine in Queensland, sold by United States insurer Liberty Mutual. Ownership of the Baralaba mine transferred to AMCI in the lead-up to Christmas and is held directly by AMCI’s Australia Coal subsidiary and separate to its other coal mining interests in Australia. Financial details of the Baralaba North mine deal are confidentialApproval for the deal is in the in-tray of the Australian government’s Foreign Investment Review Board that vets large takeovers and is believed to be a formality' given AMCI’s existing coal investments.AMCI is an investor in Fitzroy Australia Resources, Queensland coal miner with several mines and nearproduction projects in the Bowen Basin including, Carborough Downs and Ironbark
