Shenhua buy back could cost $500m

Jamieson Murphy
Updated August 19 2016 - 12:27pm, first published 11:08am
TOO MUCH: If the government follows the precedent it set with the BHP Caroona deal, it would cost more than $500m to get Shenhua to walk away from its Liverpool Plains mine. Photo: Dean Sewell
TOO MUCH: If the government follows the precedent it set with the BHP Caroona deal, it would cost more than $500m to get Shenhua to walk away from its Liverpool Plains mine. Photo: Dean Sewell

THE NSW government is negotiating with Shenhua, but may have shot itself in the foot by paying overs for BHP's Caroona exploration licence.

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Jamieson Murphy

Jamieson Murphy

News director

Newcastle Herald news director. Interested in any and all yarns. Whisper g'day mate to me at jamieson.murphy@austcommunitymedia.com.au

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