(EnergyAsia, January 31 2011, Monday) — Australia’s Altona Energy Plc is stepping up plans to develop an estimated 7.8 billion tonnes of coal deposit in the Arckaringa Basin of South Australia. The A$3 billion Arckaringa project is 51%-owned by CNOOC New Energy International (Australia) Pty Ltd (CNOOC-NEIA), a subsidiary of one of China’s largest national…

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