Singaporean consortium secures $850m for South32’s Australian coking coal
South32 said in February it had agreed to sell the business in New South Wales state for $1.65 billion.
The Kevin Rudd-led Australian Government which is pushing for a green energy component in Australia’s power network, and has plans to saddle mining and other industries with an emissions trading scheme, has just made grants of A$235 million to renewable energy companies
