CAPITAL MARKETS

Padbury scraps Oakajee deal

AFTER nearly three weeks of speculation and uncertainty, Padbury Mining has terminated a proposed $US6.4 billion ($A6.9 billion) funding package for the Oakajee port and rail project.

Kristie Batten

Padbury scraps Oakajee deal

In a brief announcement, Padbury said it signed a deed of termination and release with proposed funders Alliance Super Holdings and Superkite, companies associated with Sydney businessman Roland Frank...

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