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BHP sells Australian coking coal mines to Stanmore Resources in $US1.2b deal – Sydney Morning Herald

BHP, the nation’s largest mining company, has struck a deal to sell two Queensland coking coal mines to ASX-listed Stanmore Resources….

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Producers of coal, Australias second-largest export, have been under mounting pressure as rising concerns about the fossil fuels enormous contribution to global warming cause investors and financial institutions to abandon the sector, pushing the cost of…

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