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Stanmore / Exxaro Australia Holdings

Under assessment · Notification · Phase 1 · day 13, due 18 Nov 2026

Resources & MiningMN-05054ACCC register

Stanmore Resources Limited, via its subsidiary Dawn Coal Pty Ltd, proposes to acquire 100% of the shareholdings in Exxaro Australia Holdings Pty Ltd. This share sale involves coal mining assets, specifically an undeveloped underground coal project in Moranbah South, Queensland. Stanmore Resources is active in metallurgical coal exploration and production.

Timeline

  1. 7 Oct 2026Filed with the ACCC
  2. 18 Nov 2026Decision due

Acquisition details

Stanmore Resources Limited (ASX: SMR) ( Stanmore Resources ), via its subsidiary Dawn Coal Pty Ltd, proposes to acquire 100% of the shareholdings in Exxaro Australia Holdings Pty Ltd ( Exxaro Australia) (the Acquisition ). Exxaro Australia owns an interest in mining assets, consisting of two mineral development licences and an exploration permit for an undeveloped underground coal project located in Moranbah South, Queensland. Exxaro Australia is owned by Exxaro Resources Limited, a South African mining company which produces both thermal coal (used for power generation) and metallurgical (coking) coal. Stanmore Resources is a majority owned subsidiary of Golden Energy and Resources Pte Ltd ( GEAR ), a resources and investment company headquartered in Singapore. In Australia, Stanmore Resources (and its connected entities, including GEAR) explore, develop and produce metallurgical coal.

Parties

Acquirer
DAWN COAL PTY LTD ABN - 86 701 725 448
Target
EXXARO AUSTRALIA HOLDINGS PTY LTD ABN - 84 151 112 015
Other parties
STANMORE RESOURCES LIMITED ABN - 27 131 920 968
ANZSIC
  • 0600 Coal Mining
  • 6240 Financial Asset Investing

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