Company announces sale of mine to United Mining

Blair Athol Coal Mine.
Blair Athol Coal Mine.

LINC ENERGY, owner of the Blair Athol mine in the Bowen Basin, announced the sale of its non-core conventional coal business to United Mining Group in a company announcement to shareholders yesterday.

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According to the statement, the company has been in talks with the Singapore Exchange (SGX) for clarification of the listing rule requirements with respect to this transaction and the company will need shareholder approval to go ahead.

Topics:  coal company mining sale

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