Australian miner launches $3.6bn HK IPOAustralian mining company Resourcehouse, controlled by billionaire Clive Palmer, has launched its planned $3.6 billion Hong Kong IPO betting on rising coal prices to attract investors to its large initial public offering. The company, whic More… |
Resourcehouse clinches $60bn China coal dealAustralia's Resourcehouse said on Saturday it had secured a deal worth $60 billion to supply coal to Chinese power stations over a 20-year period, calling it Australia's largest ever export contract. Company Chairman Clive Palmer s More… |