WHC News: A $4.1 Billion Deal Shows Some Coal Mines Are Still in Demand - 18th Oct 2023, 10:43pm

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BHP Group and Japan’s Mitsubishi have agreed to sell two jointly owned steelmaking coal mines in Australia to Whitehaven Coal for up to $4.1 billion in cash. It’s a deal that shows there are still buyers for coal assets, despite worries over their carbon emissions. Higher-quality metallurgical coal is in demand for operations looking to reduce emissions.

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