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Job cuts in Australia’s coal sector climb to 11,000

Cecilia Jamasmie | July 23, 2013 | 10:22 am Energy Australia Europe Coal 

Peabody Energy (NYSE:BTU) tipped the job cutting balance in the coal sector a bit further Tuesday as the US giant announced it is axing another 170 employees, about 5.7% of its total workforce at its Australian operations. The company, which is...

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