Bowen secures A$190m financing for Burton buy
Coal miner Bowen Coking Coal has secured A$190-million in funding to fast-track the acquisitions of the Burton and Lenton projects, in Queensland.
Bowen Coking Coal at the end of December last year announced a binding sale and purchase agreement with fellow-listed coal miner New Hope Corporation to acquire New Lenton Coal, following a binding term sheet in August.