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New Hope splashes cash at private coal miner

Conglomerate underpins big Malabar raising for Hunter Valley’s largest underground mine

Haydn Black
Malabar's Maxwell mine

Malabar's Maxwell mine

Privately-run Malabar Resources is hunting for at least another A$160 million to support development of its Maxwell underground metallurgical coal in New South Wales, with key shareholder New Hope Corporation...

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