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takeovers for coking coal

  1. metro
    450 Posts.
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    17/10/11
    13:46
    Post #: 9150630
    From the Australian Saturday 15/10

    BHP Billiton, the world's biggest mining company, is considering a $US6 billion ($5.86bn) takeover of a US coal producer to support its view that supply of the sought-after commodity will be scarcer than iron ore in the next decade.

    http://www.theaustralian.com.au/business/mergers-acquisitions/bhp-set-to-bid-6bn-for-us-coal-giant-walter-energy/story-fn91vdzj-1226167127979

    Metro.


    BTU Price at posting: 79.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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