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Huge setback for Rinehart and Reddy empires

Frik Els | June 05, 2012 | 5:10 pm Energy Australia Europe Coal 

Australian environment minister Tony Burke decided on Tuesday to "stop the clock" on GVK's Alpha coal project despite approval from the state of Queensland that was given last week. GVK in September last year paid $1.3 billion for Hancock Prospecting's coal,...

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