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.
Some analysts are concerned that many of these producers are too reliant on Chinese demand, especially as China begins to build its own mines. Read more at http://www.mineweb.com/mineweb/view/mineweb/en/page66?oid=104999&sn=Detail