[lbo-talk] China's Yudean buys 7.5 pct of Australia coal mine

[uvj at vsnl.com]

Reuters.com

China's Yudean buys 7.5 pct of Australia coal mine
http://www.reuters.com/article/rbssEnergyNews/idUSSHA6657120080229

Fri Feb 29, 2008 

 SHANGHAI, Feb 29 (Reuters) - China's Guangdong Yudean Group, one of China's 
top power generating groups, has agreed to buy a 7.5 percent stake in 
Narrabri Coal project, wholly owned by Australia's Whitehaven Coal Limited 
(WHC.AX: Quote, Profile, Research), for A$67.5 million ($63.9 million), 
Whitehaven said.

http://www.reuters.com/article/rbssEnergyNews/idUSSHA6657120080229