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ABC News
ABC News
Business

Dartbrook coal mine sale stalls, current owners lobby shareholders to help pay $100m debt

The sale of a controversial underground coal mine in the NSW Hunter Valley has fallen through, with the cancellation of a previous transaction and two other offloading options hitting a snag.

Financial reports from earlier this year revealed Australian Pacific Coal (AQC) is in "dire financial straits", but in February AQC told the ASX an offer had been made by Trepang Limited to buy the Dartbrook site outright.

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