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Japan's Sojitz has agreed to acquire the Gregory Crinum coking coal mine in Queensland, Australia from BHP Billiton and Mitsubishi Development for A$100 million ($75.8 million). The mine has been under care and maintenance since 2016, and Sojitz plans to restart production.
“This is a great outcome for the parties to the transaction and for the region.”miningconnection.com
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