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Gloucester to expand into Qld

GLOUCESTER Coal is on its way to acquiring half of the Middlemount mine in Queensland's Bowen Basin after receiving Foreign Investment Review Board approval.

Blair Price
Gloucester to expand into Qld

Yesterday, the deal received Gloucester shareholder approval, with major stakeholder Noble Group excluded from voting on the Middlemount proposal. Noble’s stake in Gloucester slipped from 89.88% to 57.39%...

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