Buma Seeks New Coal Assets Amid Uncertainty Over Australian Mine Acquisition
ByAinvest
Friday, Sep 5, 2025 4:52 am ET1min read
BTU--
Indonesian mining company PT Buma Internasional Grup Tbk is seeking new coal assets as uncertainty surrounds its planned purchase of Australia's Dawson project from Peabody Energy Corp. and Anglo American Plc. Buma had agreed to buy a 51% stake in Dawson for $455 million, but Peabody has since abandoned its $3.8 billion purchase of Anglo's coal portfolio, including Dawson. Buma remains committed to acquiring high-quality assets to strengthen its portfolio and support long-term growth.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet