Peabody sells Millennium Coal Mine to MetRes

Media

Johnson Winter & Slattery has advised Peabody on its sale to MetRes of the Millennium coal mine, a metallurgical coal mine located near Moranbah, Queensland. MetRes is a 50/50 joint venture between ASX-listed Stanmore Coal and M Resources (a Matt Latimore company).

Stuart Clague said “Having worked with Peabody for the last decade, we are delighted to have advised Peabody on the sale of the Millennium coal mine to Stanmore and M Resources.”

The Johnson Winter & Slattery team was led by Energy & Resources Partners Bruce Adkins and Stuart Clague assisted by Senior Associate Jarrod Wilksch and Associate Haerim Nam. Finance Partner Craig Wappett also assisted on the royalty arrangements.

JWS worked hand-in-glove with the Peabody in-house legal team, led by Associate General Counsel Simon Cobb.

 

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About Johnson Winter & Slattery

Johnson Winter & Slattery is an independent national Australian law firm with over 65 partners and offices across Australia. We advise major Australian and international corporations and investment funds on their most challenging transactions and disputes across Australia and surrounding regions. Working closely with clients, knowing their business, and appreciating their commercial objectives, we tailor our approach to deliver cost-effective commercial outcomes.

Media contacts:  

Daya Knapton, Communications Manager

E: Daya.Knapton@jws.com.au

T: +61 2 8247 9638

 

Kate Potter, Business Development Director

E: Kate.Potter@jws.com.au

T: +61 2 8247 9659

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