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Macarthur completes Bowen Basin project acquisition

MACARTHUR Coal has put the finishing touches on its $A360 million worth of funding to purchase a 90% stake in MCG Coal Holdings and pick up a promising coal project in Queensland's Bowen Basin.

Blair Price
Macarthur completes Bowen Basin project acquisition

The funding milestone was reached last week and announced this morning by Hynes Lawyers, who represent MCG in the transaction. Hynes lawyer Glenn Vassallo said the deal was a win for all concerned with...

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