Cockatoo Coal

SK Networks agrees to take 40% stake in Cockatoo Coal

Korea's SK Networks plans to inject $331 million of equity funding into Australian miner Cockatoo Coal.
<div style="text-align: left;">
Cockatoo's Baralaba open pit coal mine, which is under expansion </div>
<div style="text-align: left;"> Cockatoo's Baralaba open pit coal mine, which is under expansion </div>

Asian companies continue to make their presence felt in the scramble for the world’s natural resources. China’s acquisitiveness is closely recorded, but other countries within the region are also keen to secure supplies and make investment returns. Korea, with its large industrial base and urban population, has become a significant player, especially since Korea National Oil’s $2.8 billion purchase of UK-based Dana Petroleum in 2010.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media