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      Yancoal Buys Australia Mine Stake for Up to $2.4 Billion

      Chinese-controlled Yancoal Australia Ltd. agreed to acquire an 80% stake in the Kestrel coking coal mine in Queensland from a venture between EMR Capital Advisors Pty and Adaro Capital Ltd. for as much as $2.4 billion.

      Source: Bloomberg
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud