We are is pleased to confirm that today, 29 August 2024, marks the completion of the acquisition and handover of control of the Illawarra assets, including the Appin and Dendrobium Mines, from South32. Following the transaction announcement in late February 2024, all conditions have now been met and GM 3 has assumed control and ownership…
Author Archives: christian@urbayn.com.au
We are pleased to note that the transaction which involves South32’s sale of Illawarra Metallurgical Coal has received approval by the Australian Foreign Investment Review Board (FIRB). This is a significant milestone for the transaction, announced in late February, and we look forward to finalising outstanding conditions and progressing to transaction conclusion.