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Ambre 200 Million Dollars Listing on ASX

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Ambre Engery, the Brisbane Coal Developer, may be listed on Australian Stock Exchange, with $200 Million. Ambre half-owns and operates the Decker and Black Butte mines in Montana and Wyoming.

As part of its expansion plan, Ambre will also barge coal down the Colombia River to a planned fully owned facility at Port of Morrow in Oregon. The project is costed at $US159m. In a joint partnership with Arch Coal, Ambre also plans to further expand a bulk export facility on the river.

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