A $60 billion deal between Australian mining magnate Clive Palmer's Resourcehouse and China Power will help the miner access funds from Chinese investors to develop its infrastructure, analysts said.

The deal, reported by the Associated Press, is said to be the largest Australian export agreement with China, and will see Resourcehouse ship 30 million tons of coal annually to China Power for 20 years at a price of about $3 billion per year starting in 2014.

China Power is one of the country's top five power producers.

"This is Australia's largest single non-syndicated finance deal," the AP quoted Palmer as saying. The billionaire controls privately-owned Resourcehouse.

The company's deal with China Power is aimed at helping it get listed on the Hong Kong stock exchange to benefit from Chinese investors' money, said Hua Yi, corporate finance partner at Adfaith, a management consulting firm in China.

Resourcehouse had postponed a roadshow scheduled for Monday for its upcoming $2.2-$3.3 billion Hong Kong IPO, and is still in the process of sorting out the IPO's timing, Reuters reported Thursday, citing unidentified resources.

One of the reasons for the IPO's postponement is that China's regulator requires listed companies to show stable and sustainable cash flow.

But Resourcehouse's mining projects are still under development. The 20-year supply agreement with China Power will enable it to support its financial statement for listing, Hua said.

"Resourcehouse is eager to get listed in Hong Kong because foreign firms are not allowed to get listed directly in Shanghai and Shenzhen and it doesn't expect a better IPO price than China where investors are most optimistic on resources companies," Hua noted.

Hua said that Resourcehouse is not the only foreign firm seeking an IPO in Hong Kong. United Co Rusal, the world's largest aluminum maker, also chose Hong Kong for its IPO and raised $2.24 billion in December.

But there may be price fluctuation and break-off terms attached to the agreement between Resourcehouse and China Power, Hua said. He added that the deal is a win-win.

The 30 million tons of coal per year will allow China Power to meet its own demand but also leave it some coal to sell other domestic power companies for a profit, said Li Chaolin, a coal market researcher.

The deal will also give China Power negotiating leverage with domestic coal suppliers demanding price hikes, Hua said.

Resourcehouse said that the deal will create 7,500 direct employees, 50,000-70,000 indirect jobs, and pump royalties from the coal exports between A$400 million and A$700 million ($347.4 million to $607.95 million) a year into the Queensland government's coffers, according to the Australian web portal news.com.au.