Acquiring Company
Stanmore Resources
Acquired Company
Exxaro Resources
Australia
PretoriaMiningData MiningEnergyRenewable EnergyMiningMineralDescription
Stanmore Resources has agreed to acquire 100% of the Moranbah South tenements from Exxaro for $US105 million. This acquisition adds 724 million tonnes of Measured and Indicated Coal Resources to Stanmore's portfolio. The deal signifies Stanmore's confidence in the coking coal market, as it seeks to strengthen its resource base and future growth potential.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Exxaro Resources?
Exxaro Resources was acquired by Stanmore Resources, based in Australia. The deal was reported on September 8, 2026. Stanmore Resources is a mining company focused on the production and export of metallurgical coal. The company operates in Queensland's Bowen Basin and is known for its effective management of coal resources. Stanmore Resources is privately held and operates in Mining.
When did Stanmore Resources acquire Exxaro Resources?
Stanmore Resources's acquisition of Exxaro Resources was reported on September 8, 2026. Stanmore Resources has agreed to acquire 100% of the Moranbah South tenements from Exxaro for $US105 million. This acquisition adds 724 million tonnes of Measured and Indicated Coal Resources to Stanmore's portfolio. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Exxaro Resources do?
Exxaro Resources is a leading South African mining company, focusing on coal and diversified minerals. The company aims to support a sustainable future through responsible mining practices. It is privately held, operating in Energy, and is based in Pretoria.
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