Anglo American sells coal assets to Peabody for $3.8bn
The move is the first of four big asset divestments Anglo announced in May, after it fought off a $49bn hostile takeover attempt from BHP.
THE Australian Coal Association is meeting with Climate Change parliamentary secretary Greg Combet tomorrow morning to seek changes to the Carbon Pollution Reduction Scheme, while a union heavyweight has criticised lobbying from the coal industry…..more at International Longwall News