Singaporean consortium secures $850m for South32’s Australian coking coal
South32 said in February it had agreed to sell the business in New South Wales state for $1.65 billion.
Irrespective of its 64% gain in first fiscal quarter, Coal India, the world’s largest coal miner, fears its second quarter growth would not be in the tune of former. The reason of it is said to be the upcoming wage-hike in the company.
