Wesfarmers continuing review of its remaining coal asset

Australian conglomerate Wesfarmers said on Wednesday that the sale of its Curragh coal mine, in Queensland, would be completed in the second half of the year and confirmed that it was continuing the strategic review of its remaining coal asset, a 40% interest in the Bengalla mine, in New South Wales' Hunter Valley. The company, which has businesses such as hardware chains Bunnings, Coles supermarkets and department stores Kmart, Target and Officeworks in its fold, in December announced the sale of its largest coal asset for $700-million.