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Mick Davis first investment a $3bn contrarian gamble

Frik Els | October 12, 2015 | 2:16 pm Energy Australia Coal 

Mick Davis' X2 Resources is said to have emerged as the last remaining bidder for Rio Tinto’s (LON:RIO) coal assets in Australia’s Hunter Valley in a deal that could be worth around $2.2 billion (A$3 billion). The negotiations between the parties are...

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