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22 Jul
03:25

Clara Resources completes Ashford acquisition

Australian coal miner Clara Resources has completed the Renison Coal acquisition. The firm now owns 100% of Renison and is the sole owner of the Ashford coking coal project in New South Wales, Kallanish notes. “This is a landmark transaction in firming up the future of the Ashford coking coal project. With what we anticipate to be very strong project economics, ownership of 100% of the project allows Clara Resources vastly more flexibility in dealing with fi…
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