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Peabody sells Millennium coal mine

MetRes has purchased metallurgical coal mine Millennium in Queensland from Peabody.

user iconJerome Doraisamy 20 April 2021 SME Law
Peabody sells Millennium coal mine
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Firm: Johnson Winter & Slattery (Peabody).

Deal: Peabody has been advised on its sale of the Millennium coal mine, located near Moranbah, Queensland, to MetRes, a 50/50 joint venture between ASX-listed Stanmore Coal and M Resources.

Value: Undisclosed.

Area: Resources.

Key players: The JWS team was led by partners Bruce Adkins and Stuart Clague, who were supported by partner Craig Wappett, senior associate Jarrod Wilksch and associate Haerim Nam.

Deal significance: Mr Clague said: “Having worked with Peabody for the last decade, we are delighted to have advised Peabody on the sale of the Millennium coal mine to Stanmore and M Resources.”

Jerome Doraisamy

Jerome Doraisamy

Jerome Doraisamy is the editor of Lawyers Weekly and HR Leader. He has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. In June 2024, he also assumed the editorship of HR Leader. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of the Minds Count Foundation.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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