A THAI coal mining and power company will invest US$13.4 million in Chinese coal mining company A...
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The 18.8% stake represents Banpu’s first foray into the Chinese coal mining industry, Dow Jones reported.
The news agency said Banpu expected average return on equity of 16% per year from its investment.
The venture also gives Banpu access and investment opportunities to coal fire power plant projects in the world’s foremost coal hot spot.
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