Universal Coal completes acquisition of South African North Block ahead of schedule

摘要

Australia-listed Universal Coal has completed ahead ofschedule its A$8.9 million ($6.44 million) acquisition of the SouthAfrican North Block Complex from Exxaro Coal, Universal saidMonday.“Early completion of the North Block Complex acquisition willenable Universal to benefit from additional operating months in thecurrent reporting period,” the company’s CEO Tony Weber said.