Anglo American coal bidders down to three, say sources
The final bidders are down to Yancoal Australia, Stanmore Resources and Peabody Energy.
Beleaguered U.S. coal producers were thrown a lifeline after the Supreme Court struck down the Obama administration’s rule on mercury and acid gases from power plants, saying it hadn’t considered the billions of dollars in costs before issuing the rule.
via Coal Shares Jump After Supreme Court Rejects Mercury Rule – Bloomberg Business.
