CAPITAL MARKETS

Peabody sells Wilkie Creek after failed Tinkler deal

PEABODY Energy has finally offloaded its Wilkie Creek coal mine in Queensland's Surat Basin in a $US75 million ($A100.5 million) deal with Sekitan Resources, a wholly owned subsidiary of Exergen.

Lau Caruana

Peabody sells Wilkie Creek after failed Tinkler deal

The asset was almost sold to Nathan Tinkler last year for $150 million, but that deal ultimately collapsed after he failed to make a final payment. The Sekitan transaction has an aggregate value for...

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