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Centennial ups Austral ante as rival bidder emerges

DESPITE a potential cash bid by Swiss trading house Glencore, just over 42% of Austral Coal is no...

Angie Tomlinson

Centennial has amassed shares in the troubled New South Wales miner since February 23 when it made a scrip offer for Austral valued at $300 million. Centennial’s stake jumped from just over 34% to 42%...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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