Australia's Stanmore to buy Mitsui's 20% stake in Queensland coal venture for $380m

Australia's Stanmore to buy Mitsui's 20% stake in Queensland coal venture for $380m

Photo: Reuters

Australia’s Stanmore Resources said on Friday it would buy the remaining 20% stake in a metallurgical coal venture in Queensland from Japanese trading house Mitsui & Co for $380 million.

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