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Japanese raise stake in Australian mine

MARUBENI and Sumitomo have acquired an additional combined interest of 2% in a the Hail Creek coa...

Sarah Belfield Belfield
Japanese raise stake in Australian mine

According to the Jiji Press Service the value of the acquisition was not disclosed by the two Japanese trading firms. The deal will increase Marubeni's stake in the Hail Creek coal mine to 6.66% and...

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