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05 Dec
02:06

Australian Pacific Coal agrees funding for Dartbrook

Coal miner Australian Pacific Coal and its Dartbrook Mine joint venture partner Tetra Resources have received a credit committee-approved offer for a three-year $60 million debt facility from global energy and commodities company Vitol Asia, Kallanish notes. Australian Pacific Coal says in a statement that the facility will fully fund all remaining forecast restart expenditure through to first coal. This includes equipment acquisitions and completion of remediati…
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