Former Rio Tinto executive buys Blair Athol coal mine for $1
Peter KerResources reporter
Updated
One dollar is fast becoming the market rate for Australian coal mines, after another Queensland mine sold for the most meagre of sums.
This time it was Rio Tinto's Blair Athol coal mine that sold for the paltry price, with a tiny ASX-listed company called TerraCom the buyer, subject to some more paperwork being worked through.
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