![](https://www.mining.com/wp-content/uploads/2017/04/south32-drops-200-million-plan-to-buy-peabody-coal-mine.jpg)
South32 drops $200 million plan to buy Peabody coal mine
The miner said it was unwilling to take the steps required to satisfy Australian steel makers to get the approval of the transaction, which would have its major deal since spinning off from BHP in 2015.