Johnson Winter Slattery (JWS) has advised Argo Queensland on its proposed acquisition of a 70 per cent controlling interest in Fitzroy Australia’s steelmaking coal business.
Fitzroy Australia owns the Ironbark, Carborough Downs and Broadlea coal mines, along with other exploration and development projects, in Central Queensland.
The Queensland Government described the deal as a major vote of confidence in Queensland’s coal industry which will deliver major new investment to secure a long-term future for Central Queensland.
Queensland Premier David Crisafulli said the deal means long-term jobs, long-term investment and long-term confidence for the communities that power Queensland’s economy.
JWS assisted Argo Queensland in navigating complex legal and commercial issues during the transaction.
Energy & Resources Partners Bruce Adkins, Stuart Clague and Nick Thorne and Special Counsel Richard Brockett led the JWS team.
Stuart commented, “We are delighted to have acted for Argo Queensland on this significant transaction and look forward to supporting them in the next stages of their investment.”
About Johnson Winter Slattery
JWS is a leading independent Australian law firm of more than 450 people, including 80+ partners across Sydney, Melbourne, Adelaide, Canberra, Brisbane and Perth. The firm is engaged by major corporates and investment funds on their most challenging transactions and disputes.
Key legal contacts
Bruce Adkins
Stuart Clague
Nick Thorne
Richard Brockett
Media contact
Angela Welsh
Marketing & Communications Manager
T: +61 2 9392 7454 | M: +61 414 281 902
E: angela.welsh@jws.com.au
