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Billionaire Paul Little struggles to exit investment in Russian miner

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Billionaire businessman Paul Little says he has been unable to sell his stake in an ASX-listed Russian coal miner that is currently before the courts and facing allegations that is breaking sanctions put in place after the Kremlin’s invasion of Ukraine.

Mr Little, the former boss of Toll, and his wife Jane Hansen, a businesswoman and Melbourne University chancellor, own 5.6 per cent of Tigers Realm Coal, which mines coal in the arctic region of Siberia and ships it to Asia.

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Elouise Fowler is a journalist for The Australian Financial Review based in the Melbourne office. Connect with Elouise on Twitter. Email Elouise at elouise.fowler@afr.com.au
Primrose Riordan covers private companies and family offices from the AFR's Sydney newsroom. Primrose was previously a correspondent for the Financial Times and covered foreign affairs and politics in Canberra. Primrose has won multiple awards for her journalism including from The National Press Club, SABEW in the US and Press Gazette in the UK. Message Primrose on Signal: https://tinyurl.com/PrimroseSignal Connect with Primrose on Facebook and Twitter. Email Primrose at primrose.riordan@afr.com

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    Original URL: https://www.afr.com/companies/mining/billionaire-paul-little-struggles-to-exit-investment-in-russian-miner-20240304-p5f9mt