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Argo adds Burton coal complex to its portfolio
Summary by iQ Industry Queensland
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Argo adds Burton coal complex to its portfolio
Private mining company Argo QLD is taking the reins at the Burton coal complex following a Bowen Coking Coal creditors’ meeting this week. It comes after the group heralded its arrival as a Queensland coal power late last year by acquiring a 70 per cent stake in Bowen Basin miner Fitzroy Australia Resources. A company spokesman said subsidiary Argo Bowen had reached an agreement with the administrators of Bowen Coking Coal to acquire the busines…
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