Metals/Mining - Emerald, QLD, N/A
Kestrel Coal Resources Pty Ltd (Kestrel Coal Resources) is a new private company owned by EMR Capital of Australia (52% owners) and PT Adaro Energy of Indonesia (48%). EMR and Adaro joined forces to acquire the Rio Tinto 80% share in the Kestrel Coal Mine, near Emerald in Queensland, Australia, from the Rio Tinto Group. The agreement to purchase the Rio Tinto 80% share in Kestrel Mine was signed in March 2018 and the transaction was completed early August, 2018. Kestrel Coal Mine is a joint venture between Kestrel Coal Resources (80%) and Mitsui Investments (20%).
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Kestrel Coal Resources is a private company that operates in the metals and mining industry. The company was formed in 2018 when EMR Capital of Australia and PT Adaro Energy of Indonesia joined forces to acquire the Rio Tinto 80% share in the Kestrel Coal Mine, located near Emerald in Queensland, Australia. Kestrel Coal Mine is a joint venture between Kestrel Coal Resources (80%) and Mitsui Investments (20%). The company's mission is to acquire, develop, and operate coal mines in Australia, with a focus on sustainability and safety. The company's leadership team consists of Shane Hansen, Chief Executive Officer, and Warren Bamford, Chief Financial Officer. With their combined experience and expertise in the mining industry, Kestrel Coal Resources is well-positioned to become a leading player in the coal mining sector. The company's website, kestrelcoal.com, provides more information on their operations, management team, and commitment to sustainability.
Kestrel Coal Resources is a new company that belongs to EMR Capital of Australia and PT Adaro Energy of Indonesia. They bought the Kestrel Coal Mine, which is near Emerald in Queensland, Australia, from the Rio Tinto Group. EMR and Adaro worked together to buy the mine. They signed an agreement in March 2018 and completed the purchase in August 2018. The mine is now owned by Kestrel Coal Resources (80%) and Mitsui Investments (20%).