www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Yancoal secures FIRB approval for $2.5b purchase of Rio Tinto coal mines

Xinhua | Updated: 2017-04-13 16:27
Share
Share - WeChat

A mineworker looks at a train loader at the Rio Tinto West Angelas iron ore mine in the Pilbara, northwest of Perth, Australia. [Photo provided to China Daily]

SYDNEY - A $2.5 billion deal between mining giants Yancoal and Rio Tinto was approved by Australia's Foreign Investment Review Board (FIRB) on Thursday.

The Australian based Yancoal, controlled by a Chinese parent company, now has regulatory approval to close the deal that will see them pick up key mines as Rio Tinto continues its recent divestment of its remaining Australian assets.

Yancoal chief executive Reinhold Schmidt was pleased with the outcome of the determination by the overseas investment regulatory body.

"Today's FIRB approval is a positive step forward for Yancoal, its shareholders and the Hunter Valley, demonstrating the Australian government's support for continued investment into the local resources sector," Schmidt said.

The impending deal should see local communities in the Hunter region have better outcomes, Yancoal general manager of investor relations and corporate affairs James Rickards told Xinhua on Thursday.

"The transaction is beneficial to the broader Hunter Valley, because it provides for a continuation of operations, and therefore it allows for continued strength of employment within that Hunter region at a time, of what has been, very challenging market conditions," Rickards said.

Rickards stressed that this would allow Yancoal to better provide services, skills, and training throughout New South Wales, along with providing investment into the region at a local level.

But it will not just be the local area that benefits, according to non-executive director at Yancoal and former Australian Ambassador to China Geoff Raby.

"As China pushes harder on improving its environment, and places environmental protection at the very highest level of their policy agenda, it's quite advantageous for countries like Australia that have high quality coal assets, which are low sulfur, low ash, which are increasingly attracting a premium price in China," Raby told Xinhua.

"So, it's also a part of how we can contribute to China's overall improvement in its environmental standards."

The deal is still waiting for approval from shareholders of both companies.

"There are still a number of hurdles that need to jump through the approvals process, and we still need to get into the capital raising as well," Rickards said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 亚洲精品国产手机 | 亚洲视频中文字幕在线 | 全国最大色成免费网站 | 波多野结衣一区二区 三区 波多野结衣一区二区三区88 | 毛片基地看看成人免费 | 亚洲七七久久精品中文国产 | 一级伦理电线在2019 | 亚洲网站视频 | 久久国产免费观看精品1 | selaoban在线视频免费精品 | 亚洲性爰视频 | 美女张开腿让人捅 | 国产成人亚洲精品2020 | 免费真实播放国产乱子伦 | 国产精品欧美激情在线播放 | 国产精品二区高清在线 | 日本久草视频 | 久久国产精品免费观看 | 国产精品yjizz视频网一二区 | 成人做爰毛片免费视频 | 日本在线看小视频网址 | 国产1区2区三区不卡 | 好吊色综合网天天高清 | 日本一区二区三区四区五区 | 国产成人免费高清激情视频 | 久久99国产精品视频 | 久草最新视频 | 欧美日韩精品一区二区视频在线观看 | 精品国产一区二区三区久 | 亚洲在线视频免费观看 | 成年女人aaaaa毛片 | 美女和男人免费网站视频 | 香蕉久久夜色精品国产 | 国产成人免费观看在线视频 | 欧洲免费无线码二区5 | 欧美成人h | 亚洲最新 | 久草视频中文在线 | 一级做a爱过程免费观看 | 国产三级国产精品国产国在线观看 | 两性色午夜视频免费国产 |