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Bloomberg Markets

Yancoal Buys Australia Mine Stake for Up to $2.4 Billion

Yancoal Buys Australia Mine Stake for Up to $2.4 Billion
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Chinese-controlled Yancoal Australia Ltd. agreed to acquire an 80% stake in the Kestrel coking coal mine in Queensland from a venture between EMR Capital Advisors Pty and Adaro Capital Ltd. for as much as $2.4 billion.

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Bloomberg Markets

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