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Anglo abandons $555 million coal venture in Mozambique

Cecilia Jamasmie | March 28, 2013 | 5:38 pm Energy Top Companies Africa Europe Coal 

Anglo American (LON:AAL) has decided not to proceed with the acquisition of a 58.9% interest in the $555 million Revuboe metallurgical coal project in Mozambique's coal-rich Tete province. The transaction, announced in July last year, was subject to a number of...

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