AUSTRALIA: China’s Yanzhou aims to list at least 30% of Felix by year-end

(EnergyAsia, June 8 2011, Wednesday) — China’s Yanzhou Coal Mining plans to list at least 30% of its Australian subsidiary by year-end to raise over US$1 billion.Yanzhou, which acquired Felix Resources for US$3.1 billion last October and renamed it Yancoal Australia, must publicly offer at least 30% of the company by end-2012 as one of…

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