JX Nippon Oil & Energy Acquires Stake in Xstrata Coal Canada's Metallurical Coal Business

JX Nippon Oil & Energy (Australia) Pty Ltd (“JX Australia”), a subsidiary of JX Nippon Oil and Energy Corporation and its listed parent JX Holdings Inc., paid US$435,000,000.00 in cash to acquire a 25 per cent interest in Xstrata Coal Canada Limited's metallurgical coal business with assets located in the northeastern British Columbia coal region.

JX Nippon Oil & Energy Corporation was represented in Canada by Norton Rose Canada LLP with a team led by Crae Garrett and including Robert Froehlich, Trent Mercier, Julianna Fish, Thomas Collopy and Trevor Ference in Calgary; in Japan by Norton Rose LLP with a team led by Michael Joyce and including Gemma Tuohey, Rod Chooramun, Andrew Clarke and Shino Hamada in Tokyo; and in Australia by Norton Rose Australia with a team led by Adrian Ahern and including Ben Curtin and Kathryn Martin in Sydney.

Xstrata Coal Canada Limited was represented in Canada by Bennett Jones LLP with a team with a team comprising Ken Klassen, Jason MacIntosh, Russel Drew and Rami Chalabi in Toronto, and Marianne (Chuck) Davies and Duncan McPherson in Calgary; and by King & Wood Mallesons in Australia, with a team comprising Nicholas Pappas and Kate Lindner.


Thomas Collopy Marianne (Chuck) Davies Trent J. Mercier Kenneth G. Klassen Crae Garrett Robert J. Froehlich Russel W. Drew Duncan M. McPherson Jason M. MacIntosh