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AUSTRALIA

Linc sells coal royalty stake to fund shale plays

INDIAN conglomerate Adani Group has lifted the profit-making potential of its Carmichael thermal ...

Blair Price

Linc landed the royalty benefits when it sold the Carmichael acreage to Adani under a $500 million deal in 2010 with Adani agreeing to pay Linc a $2 per tonne royalty on future thermal coal from the tenement...

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