Aston Resources
Aston Resources (AZT) is an independent Brisbane-based coal company that owns and is in the process of developing the Maules Creek coal development project. Maules Creek is considered to be one of only few remaining “Tier 1” undeveloped coal assets in Australia. Maules Creek is located in the Gunnedah Basin of New South Wales and contains a large delineated resource of over 600Mt, capable of supporting a large-scale open-cut mining operation for more than 20 years. It was listed on the Australian Stock Market (ASX) on 17 August, 2010.
Aston Resources (AZT) is an independent Brisbane-based coal company that owns and is in the process of developing the Maules Creek coal development project. It was listed in the Australian Stock Market (ASX) on 17 August, 2010.
Whitehaven Coal (WHC) has announced today its approval of the $2.3 billion deal to merge with another Australian coal miner Aston Resources (AZT) after confirming last week its merger talks. The merger is expected
Whitehaven Coal (WHC) and Aston Resources (AZT) confirm that both the coal miners are in discussions for a possible $ 4.65 billion merger. A deal like such can bring a combined company to the first rank of Australian coal producers.
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