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Canada’s Sherritt sells coal business for almost $1bn

Cecilia Jamasmie | December 24, 2013 | 4:09 pm Energy Canada Europe Coal Potash 

Sherritt International Corp. (TSX:S) said Tuesday is selling its entire coal business to two separate buyers for a total of $946 million, split almost evenly between Westmoreland Coal and Altius Minerals. The Toronto-based resource miner, Canada’s largest thermal coal producer,...

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