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Austral teams up with Hong Kong trader

HONG Kong trading house Noble Group is to invest up to $15 million in Austral Coal and has agreed...

Greg Tubby
Austral teams up with Hong Kong trader

Noble will make the invest through a placement of Austral shares at a price of 78c apiece in two equal tranches, with the second due on January 31, at which point it will have an 8.93% stake in the niche...

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