26 Nov 2025

Johnson Winter Slattery Advises Argo Queensland on Proposed 70% Acquisition of Fitzroy Australia Steelmaking Coal Business

"Johnson Winter Slattery advised Argo Queensland on its proposed acquisition of a 70% controlling interest in Fitzroy Australia's steelmaking coal business, which owns the Ironbark, Carborough Downs and Broadlea mines and other projects in Central Queensland."

Johnson Winter Slattery advised Argo Queensland on its proposed acquisition of a 70 per cent controlling interest in Fitzroy Australia's steelmaking coal business. The transaction would see Argo Queensland acquire a 70 per cent interest in the business that owns the Ironbark, Carborough Downs and Broadlea coal mines, together with other exploration and development projects in Central Queensland. The Queensland Government described the deal as a major vote of confidence in Queensland’s coal industry and said it will deliver significant new investment to secure a long-term future for Central Queensland. Queensland Premier David Crisafulli said the deal means long-term jobs, long-term investment and long-term confidence for the communities that power Queensland’s economy. Johnson Winter Slattery represented Argo Queensland with a team composed by: Bruce Adkins (Energy & Resources Partner), Stuart Clague (Energy & Resources Partner), Nick Thorne (Energy & Resources Partner) and Richard Brockett (Special Counsel).
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