Stuart is a resources sector specialist. He has many years of experience in advising Australian and international companies on a range of transactions in the resources sector, including M&A, joint ventures, transport and infrastructure agreements and commodity sales arrangements.
Stuart has extensive experience in drafting and negotiating long term high value rail haulage and track access arrangements. He has advised clients on a number of significant rail infrastructure projects.
He is listed in Best Lawyers in the areas of Natural Resources, Mining, Oil & Gas, Energy, Water and Government Practice and is ranked as a leading lawyer in Doyles Guide in the area of Energy & Resources.
According to Australia Pacific Legal 500, Stuart Clague and his fellow Partner Bruce Adkins “have a great all-around combination of industry knowledge, M&A prowess, commerciality and technical discipline, which makes them unique in the E&R market. Their commitment and responsiveness to client demands are also exceptional.”
Advised Peabody on the sale of numerous coal assets including the sale of the Millennium coal mine to MetRes (a joint venture between M Resources and Stanmore Resources).
Advised Peabody on the sale of numerous coal assets including the sale of the Wilkie Creek coal mine to New Emerald Energy.
Advised Peabody on the sale of numerous coal assets including the sale of the Burton coal mine and related infrastructure to the New Lenton Joint Venture (comprising New Hope and Formosa).
Advised Peabody on the sale of numerous coal assets including the sale of the Metropolitan coal mine to South32.
Advised Peabody on the sale of numerous coal assets including the sale of the Moranbah / Wotonga and Wotonga South coal projects to Stanmore Resources.
Advised Peabody on the sale of numerous coal assets including the sale of Peabody’s 50% interest in the Red Mountain Infrastructure Joint Venture to BHP Mitsui Coal.
Advised Bowen Coking Coal on the acquisition of numerous coal assets, including the acquisition of the Bluff coal mine.
Advised Bowen Coking Coal on the acquisition of numerous coal assets, including the acquisition of New Hope’s interest in the New Lenton Joint Venture (comprising the New Lenton coal project and the Burton coal mine and related on-site infrastructure).
Advised Bowen Coking Coal on the acquisition of numerous coal assets, including the acquisition of the Hillalong coal project from Rio Tinto.
Advised Bowen Coking Coal on its farm-in and joint venture with Sumitomo in connection with the Hillalong coal project.
Advised a confidential bidder on its multibillion dollar bid to acquire BHP’s 80% interest in BHP Mitsui Coal (Poitrel and South Walker Creek operations, Red Mountain Infrastructure and the Wards Well project), BHP’s 33% interest in the Cerrejón coal mine and BHP’s Mt Arthur coal mine.
Advised MACH Energy in relation to the A$320 million acquisition of the Mt Pleasant Coal Project from Rio Tinto, and the $500 million development of the new Mt Pleasant coal mine. Subsequently advised MACH Energy in relation to the sale of a 5% interest in the Mt Pleasant coal mine to Japan Coal Development Co., Ltd.
Advised Peabody and CITIC in relation to the A$120 million sale of the Olive Downs and Willunga coal projects to Pembroke Resources (an investment vehicle of Denham Capital).
Advised Co-operative Bulk Handling Limited on a long-term rail haulage and maintenance agreement with Aurizon. The agreement covers all of CBH’s rail requirements for Western Australian grain harvests.
Recent amendments to the Environmental Protection Act 1994 (Qld) (EP Act) further reform the mine rehabilitation regime in Queensland.
Peabody and Bowen Coking Coal have executed a binding agreement for the sale of the Broadmeadow East Coal Project, an undeveloped coking coal project located within ML 70257 near Moranbah, Queensland.
Amendments to the Mineral and Energy Resources (Common Provisions) Act 2014 (Qld) (MERCP Act) will introduce a new disqualification process for applicants for new resource tenements, and...