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Article: Tinkler shells out $480m for another dive into resources sector.
- Article from:
- Australasian Business Intelligence
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Clancy Yeates
Nov 04, 2009 (The Age - ABIX via COMTEX) -- Australian-listed Coal & Allied Industries will sell the Maules Creek coal project in New South Wales to Aston Resources for $A480m. Aston is owned by businessman Nathan Tinkler, who gained $A275m from the sale of his Queensland coal assets to Macarthur Coal several years ago. Coal & Allied expects to book a profit of ...
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