South32 Ltd. has completed the acquisition of a 50% interest in the Eagle Downs metallurgical coal project in Queensland’s Bowen Basin. South32 also assumes operatorship with the other 50% interest in the project held by Aquila Resources Pty Ltd. (Aquila), a subsidiary of BaoWu. Eagle Downs is a large, high-quality and fully permitted metallurgical coal development project located approximately 25 kilometers (km) southeast of the town of Moranbah.
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