December 21, 2017 / 9:47 PM / 9 months ago

Australia's Wesfarmers to sell Curragh coal mine for $539 mln

Dec 22 (Reuters) - Wesfarmers Ltd said on Friday it would sell its Curragh coal mine in Queensland to Texas-based Coronado Coal Group for A$700 million ($539 million).

Wesfarmers expected to report a post-tax profit of about A$100 million on the sale, the Australian retail-to-mining conglomerate said in a statement. ($1 = 1.2985 Australian dollars) (Reporting By Rushil Dutta in Bengaluru; Editing by Hugh Lawson)

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