三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

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: 污污的网站有哪些呢 | 精品国产成人三级在线观看 | 国产污视频在线播放 | 亚洲国产一区二区三区综合片 | 黄色在线观看免费 | 亚洲成人99| 成人做爰全过程免费的叫床看视频 | 欧美一级毛片在线播放 | 日韩免费高清视频网站 | 久久香蕉国产观看猫咪3atv | 污视频网页 | 久久对白| 国产在线观看成人 | 日日噜噜夜夜狠狠久久丁香七 | 国产精品三级一区二区 | 国产色视频在线观看免费 | 亚洲精品午夜一区二区在线观看 | 亚洲一区二区三区亚瑟 | 亚洲国产片 | 欧美日韩综合视频 | 图片一区 | 在线播放国产精品 | 寡妇影院首页亚洲图片 | 国产精品视频在线观看 | 国产福利精品在线 | 国产在线拍揄自揄拍视频 | 国产午夜免费 | 免费久草视频 | 亚州免费一级毛片 | 日本特黄特色aaa大片免费欧 | 久久天堂夜夜一本婷婷麻豆 | 国产精彩视频在线观看免费蜜芽 | 91久久精品青青草原伊人 | 亚洲精品国产专区一区 | 国产精品免费看久久久久 | 免费一级黄色片 | 国产精品日韩一区二区三区 | 久久99精品久久久久久黑人 | 国产日韩不卡免费精品视频 | 日本特级爽毛片叫声 | 黄色片香蕉视频 |