Bowen Coal Goes Under as Increased Mining Royalties Bite

Date:

Bowen Coal Goes Under as Increased Mining Royalties Bite

A general view of the coal-fired Callide A Power Station in Biloela, Queensland in Australia on Jan. 19, 2025. Brook Mitchell/Getty Images

The owners of Bowen Coking Coal have placed the company into liquidation but say its operations will continue to trade on a “business-as-usual basis while a sale and/or recapitalisation process is undertaken.”

“This includes the operations at the Burton Mine Complex located in the Bowen Basin of Queensland, which will continue uninterrupted,” it said in an investor announcement.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Trump Defends Iran Memorandum of Understanding, Says Tehran Must Agree to Terms

President Donald Trump in Washington on June 3, 2026....

Trump Floats Possibility of Pulling Out of CUSMA Trade Deal

Prime Minister Mark Carney and U.S. President Donald Trump...

Read Full Transcript: Interim Deal to End Iran War

Iranian Basij militia members display their drones during military...

G7 Leaders Reaffirm Opposition to Coercion in Taiwan Strait, East and South China Seas

U.S. President Donald Trump, French President Emmanuel Macron, Canadian...