Rinehart could sell Galilee stake by August

AUSTRALIA’S richest person Gina Rinehart could add to her fortune in August, when she is expected to offload a share of her coal tenements in Queensland’s Galilee Basin to the Indian GVK Power group for $A2.25 billion.

Rinehart could sell Galilee stake by August Rinehart could sell Galilee stake by August Rinehart could sell Galilee stake by August Rinehart could sell Galilee stake by August Rinehart could sell Galilee stake by August

All that remains for the deal to go forward is for GVK to secure finance, after the framework to sell Rinehart’s Hancock Prospecting stake in the Alpha and Kevin’s Corner projects was agreed upon,

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