(EnergyAsia, November 19 2010, Friday) — Australia’s Hunnu Coal Limited said it has raised A$40 million through a placement to institutional and sophisticated investors to accelerate the exploration and development of its coking and thermal coal projects in Mongolia. (US$1=A$1). The company has secured firm commitments from subscribers to participate in a placement by which…
MONGOLIA: Australia’s Hunnu Coal raised A$40 million for two projects
Posted on November 18, 2010 by EnergyAsia