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26 May
06:32

Pembroke Resources launches Olive Downs coking project

The Pembroke Resources Olive Downs coking coal project in Australia's Queensland has received government approval and began financing this week, Kallanish notes. Pembroke named ICA Partners to seek finance for the $450 million Olive Downs coking coal project. The coking coal mine is located 40 kilometres southeast of Moranbah, in Queensland's Bowen Basin. More than 15 million tonnes/year of coking coal is expected to be sold after the construction of …
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