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State uncertainty over Premier coal sale

THE sale of the Premier coal mine in Western Australia into Chinese hands has Premier Colin Barnett concerned about the increased trend towards foreign investment in the state’s energy sector.

Lauren Barrett

State uncertainty over Premier coal sale

Yesterday Wesfarmers confirmed it would sell its Premier coal mine in Collie to Austar Coal, a subsidiary of Yancoal Australia, for $296.8 million. Yancoal, a wholly owned subsidiary of China's Yanzhou...

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