Matt Latimore, the founder of M Resources, is one of Australia’s emerging coal barons, known for his success in marketing and trading metallurgical coal, a key ingredient in steel production. His business empire spans mines, logistics, and related assets, generating over $1 billion in annual revenue. Recently, he completed a major $2.4 billion acquisition of South32’s Illawarra Metallurgical Coal project in partnership with Golden Energy and Resources (GEAR), strengthening his position in the industry.
Latimore’s future plans include expanding into other commodities while maintaining metallurgical coal as the foundation of his business. Besides his business ventures, Latimore is passionate about Ferraris and bird watching.
Read the full article that was published in The Australian – Business Review on Monday 2nd September, 2024.
