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Lenton Joint Venture acquires Burton coal mine

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World Coal,

Lenton Joint Venture, of which New Hope Group has a 90% interest, has bought four mining tenements and their infrastructure at the Burton coal mine from Peabody for AUS$14.4 million.

The Burton mine is located in central Queensland and was placed into care and maintenance in December.

These Burton mine tenements are adjoined to the New Lenton project.

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Australia coal news