Linc Energy revealed yesterday it had ended talks over the sale of its Queensland coal assets with China's Yanzhou Coal Mining after the two sides failed to agree a deal.
Peter Bond, chief executive of Linc, the Australian energy group, said negotiations over the assets were taking far too long, undermining confidence in the sale process.
Linc has hired UBS to start a formal sale process of its Emerald, Galilee and Pentland coal tenements in Queensland, which analysts have estimated could be worth in excess of A$1bn (US$800m).
您已閱讀29%（530字），剩餘71%（1325字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。