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ENRC swallows Kazakhstan coal producer for $600 million

Andrew Topf | April 20, 2012 | 4:26 am Energy Europe Coal 

Eurasian Natural Resources Corporation (ENRC) has paid US$600 million for the remaining 75% of Kazakhstan coal producer Shubarkol Komir. London-listed ENRC previously owned 25% of the company, which is one of Kazakhstan's largest coal producers. "The acquisition of this high-quality...

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