UNDERGROUND

Mitsui to hang on to its Kestrel stake

Mitsui wants to retain its 20% stake in Kestrel.

 Mitsui wants to retain its 20% stake in the Kestrel longwall mine in Queensland.

Mitsui wants to retain its 20% stake in the Kestrel longwall mine in Queensland.

Mitsui would have received the $560 million as the "tag-along" valuation for the minority stake it owns after EMR paid Rio Tinto $2.25 billion for the 80% share of Kestrel. EMR partnered with Indonesian...

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