(EnergyAsia, November 11 2011, Friday) — The world’s largest private coal miner, Peabody Energy of the US, said it will complete its proposed A$4.73 billion takeover of Australia’s Macarthur Coal on its own following the withdrawal of European partner ArcelorMittal. (US$1=A$0.97). Arcelor had announced it would sell its 40% interest in their brief joint venture,…

This article is for Subscriber members only.
Log In Register