SYDNEY: Australian miner Resourcehouse Tuesday admitted giving the wrong name for a Chinese company involved in a 60 billion US dollar coal deal, but insisted the agreement was legitimate.

Resourcehouse said it had struck the deal, touted as an Australian record, with China Power International Holding Limited, not China Power International Development Limited as announced on Saturday.

"I can 100 percent confirm there's a binding contract in place. We've mentioned the wrong name, that's why we've had the comments you've seen," a spokesperson told AFP.