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Loy Yong colliery sells for $3.5 billion

AN agreement to sell one of Australia’s largest opencut coal mines and its power plant for $3.5 billion was reached late last week.

Angie Tomlinson

CMS Energy, NRG Energy and Horizon Energy Australia Investments signed a conditional agreement to sell the Loy Yang power plant and mine to Great Energy Alliance Corporation, Dow Jones Business News reported....

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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