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Altona Resources
- BY: Andrew Hore |
- POSTED: 19/08/2008 |
- COMMENTS: Add yours
Altona Resources has signed a co-operation agreement with a subsidiary of China National Offshore Oil Corporation.
Altona is developing the Arckaringa coal-to-liquids and generation project in South Australia. The two partners will be involved in evaluating technology, off-take, financing and construction opportunities.
Altona shares rose 0.25p to 3.125p, valuing the company at £11.2m.
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