Altona Enlists Chinese Firm For Clean Coal Ventures

Law360, New York (April 3, 2012, 2:45 PM EDT) -- London-based Altona Energy PLC, which has bet big on the future of "clean coal," announced Tuesday it's teaming up with Beijing construction firm Maison Global as part of its efforts to gain a foothold in China.

The alliance comes about six weeks after Altona said it acquired 95 percent stakes in two advanced coal projects in the northwest China region of Xinjiang. Altona, which is listed on a submarket of the London Stock Exchange, is also seeking dual listing on the Hong Kong Stock Exchange as...
To view the full article, register now.