Bowen to acquire Hillalong East from Rio

BOWEN Coking Coal has entered into an agreement to acquire Cape Coal’s rights to buy the Hillalong East Coking Coal project in Queensland from Rio Tinto Exploration.

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Bowen to acquire Hillalong East from Rio Bowen to acquire Hillalong East from Rio Bowen to acquire Hillalong East from Rio Bowen to acquire Hillalong East from Rio Bowen to acquire Hillalong East from Rio

The acquisition cost is $100,000 in cash payable to Rio Tinto on completion, plus a further $1 million on the grant of a mining lease over any part of the project.

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