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Yancoal Australia not concerned for now over Noble's financial strength

Saturday, May 27, 2017 - 05:50


YANCOAL Australia said it was not concerned "at this stage" over the financial strength of its No 2 shareholder Noble Group, and that its acquisition of Rio Tinto's coal mines did not hinge on funding from the commodities trader.

Yancoal is expected to raise nearly US$2

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