Linc acquires Rio coal mine

Linc Energy has acquired the Blair Athol coal mine off Rio Tinto.

Shares in Linc Energy (LNC) have jumped after announcing the acquisition of Rio Tinto's (RIO) Blair Athol coal mine in Queensland.

The stock lifted 5% to $1.32 after coming out of a trading halt at 1421 AEST, partially recovering from its 10.4% decline yesterday when the company said it was de-listing from the ASX.

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