A big setback for Gina Rinehart’s coal mining ambitions in Canada has sent shockwaves through ASX-listed companies with projects nearby.
Australia’s richest person faces an uphill battle to get a proposed $C800 million ($860 million) project in Alberta off the ground after an independent report ordered by the Canadian government found the proposed mine was not in the public interest.
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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com
