Australia paying A$262M to buy back 51.4% of Shenhua’s Watermark coal property

摘要

Shenhua Group Corp. Ltd.’s China Shenhua Energy Co. Ltd. subsidiary isrnselling 51.4% of its Watermark coal exploration tenements in New SouthrnWales’ Liverpool Plains area back to the government for A$262 million, Reutersrnreported July 12, citing a statement from the state government.