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Anglo takes full control of German Creek

ANGLO American has taken full control of the German Creek coal mine in Queensland, paying Germany's RAG group an undisclosed amount for its 27.19% direct and indirect interests in Capricorn Coal Developments Joint Venture.

Greg Tubby

Its stake in the German Creek East surface operation remains unchanged at 86.36%, with Marubeni Corp owning the remainder. German Creek, located 250km south-west of Mackay in the coal rich Bowen Basin,...

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