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Sunday, 26 December 10
ANGLO SELLS AUSTRALIAN COAL ASSETS - BARCELONA NEWS

 
Barcelona News reported that, Anglo American has sold off undeveloped Australia coal assets for $577 million.

The global resources giant has decided to complete a sale of its interests in five undeveloped coal assets in Australia.

The sale was to a consortium comprising Korea Electric Power Corporation, Posco and Cockatoo Coal.

The five predominantly thermal coal assets include underground coal deposits in New South Wales plus Anglo American’s share in three open cut coal deposits in Queensland.
Source:
Barcelona News



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