Peabody Energy reviewing options related to deal with Anglo American
Last year, Anglo American agreed to sell some of its Australian steelmaking coal mines to Peabody for $3.78 billion in cash.
Iron ore prices lost more than 4% of their value on Tuesday, as China’s port inventories have started piling up. The drop comes as stockpiles in China, the world’s main buyer, climbed 1.2% to 98.5 million tons last week. The steel-making...
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