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Sino Construction to buy another coal firm
Published Fri, Aug 1, 2014 · 10:00 PM
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BUILDING construction and civil engineering company Sino Construction Group, continuing its mine-buying spree, yesterday announced it is acquiring all the coal assets owned by Australia- listed Guildford Coal Ltd for US$25 million plus additional royalty - a price revised upward from its initial offer after discussion with Guildford.
The coal assets, comprising thermal, pulv…
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