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Sovereign Wealth Funds Briefing - Categorized | Investment

China close to signing on to Victoria coal project

Posted on 14 July 2009

From Bloomberg: Several Chinese sovereign wealth funds are close to agreeing to provide most of the financing for a coal-to-urea project for the Latrobe Valley in the Australian state of Victoria.

China is nearing a $1.2 billion agreement to transform Victorian brown coal into fertilizer, the Sydney Morning Herald reported, without saying where it got the information……….Full Article: Source


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