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Macarthur coal exports plunge amid due diligence

Frik Els | July 25, 2011 | 10:05 pm Energy Australia Europe Coal 

Macarthur Coal, the target of a $4.7 billion takeover bid by US energy company Peabody Energy and steel giant ArcelorMittal, has suffered a steep slide in sales as a result of wet weather. The world number one pulverized coal producer...

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