ABC News – Australia
·australia
·4 hours ago
Chinese-backed coal mine purchase a 'vote of confidence', Qld government says
Yancoal Australia announced it will acquire an 80 percent stake in the Kestrel Coal Mine, one of Australia's largest underground coal operations, for up to $US2.4 billion. Queensland's Mines Minister hailed the purchase as a vote of confidence in the coal sector, while environmental groups criticized the decision amid concerns over climate impact.
Summary by Glance · ABC News – Australia
Next
Loving doing this? 🎉
Take it further — get the full app and never miss a moment of what's happening in Australia.
Breaking news alerts
Instant lock-screen notifications the moment big stories break across Australia.
Australian news & events
Politics, sport, weather, local events — all in one swipeable feed, updated around the clock.
Stay ahead of the news cycle
30-second summaries so you're always informed, even on your busiest days.
Loading article…
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
✨
Ask AI