China fears can t dent mining s allure
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Trade tensions with China will prove to be short lived and have not diminished Australia s appeal as an investment destination, according to the foreign private equity firm advised by former BHP boss Chip Goodyear.
London-based Appian Capital Advisory will on Monday complete the raising of a $US775 million ($1 billion) fund targeted at mining projects that are expected to thrive under a global energy transition.
Appian s biggest investment to date is a privately held mineral sands project in eastern Victoria.
The fund is Appian s second and is already 40 per cent deployed, with its biggest investment to date being a privately held mineral sands project in eastern Victoria.