Tuesday, June 5, 2007

UPDATE 1-KEPCO set to buy $100 mln Australia coal mine stake

(Reuters) - "We are in talks with Felix Resources. We expect to reach
an agreement in September," Lee Sang-Pal, KEPCO's general
manager of project development, told reporters at a Coaltrans
conference. He did not name the other firms in the consortium.




Lee said it was Felix's wholly owned Moolarben mine.


Read more at Reuters.com Mergers News

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