Broadmeadow East is 100% owned by Bowen Coking Coal Ltd.
On 11 July 2023, the Company announced the sale by Coking Coal One Pty Ltd (a wholly-owned subsidiary of Bowen Coking Coal Limited) of a 10% interest in the Broadmeadow East Mine to MPC Lenton Pty Ltd (MPC), a wholly-owned subsidiary of the Formosa Plastics Group. The proposed structure of the transaction will result in the Broadmeadow East (BME) project being transferred into the Burton-Lenton Joint Venture (BLJV) in a cash and royalties transaction.
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