Australia-based coal mining companies Whitehaven Coal and Aston Resources are currently negotiating a planned corporate merger.

If the merger takes place, the combined companies will have a total output of 27Mtpa by 2015.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The combined value of the two coal miners is estimated at $4.7bn, if the transaction is complete, reports au.ibtimes.com.

Whitehaven managing director Tony Haggarty said the merger negotiations are still in their early stages and it is remains unclear if the merger will be suitable to submit to Whitehaven shareholders for approval.

 

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Mining Technology Excellence Awards - Nominations Closed

Nominations are now closed for the Mining Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact

Excellence in Action
Recognised with the Research & Development Award , Nokia’s Cognitive Digital Mine uses AI, IoT and digital twin technology to deliver predictive, self-optimising mining operations. Learn how Nokia’s Digital Twin Black Box is enabling safer, more efficient and more profitable mines worldwide.

Discover the Impact