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Yanzhou Coal buys two Australian coal mines for $202 million

domain-b | August 2, 2011 | 8:26 pm Energy Australia China Europe Coal

Yanzhou Coal Mining Co. China’s fourth-largest coal producer, yesterday acquired two Australian coal producers, Syntech Holdings Pty Ltd and Syntech Holdings II Pty Ltd, for A$202.5 million ($222.08 million), in cash. The Jining, Shandong-based company