Chanticleer
Whitehaven’s $6b coal deal is about taking risk off the table
A deal to buy two Queensland coal mines from BHP is a potential game changer for Whitehaven.
Updated
Recent history says there are few riskier commodities than coal in financial markets.
But at its core, Whitehaven Coal’s epic $US4.1 billion ($6.4 billion) deal to buy the Daunia and Blackwater metallurgical coal mines in Queensland from BHP is an exercise in taking risk off the table for both parties.
Loading...
James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Mining
Fetching latest articles