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The Independent UK
The Independent UK
Business
Henry Saker-Clark

Anglo American to sell stake in Australian coal joint venture for £830m

Anglo American Coal Australia Duncan Wanblad
Anglo American confirms talks with Brazilian rival (Anglo American/PA) -

Mining giant Anglo American has struck a deal to sell its stake in an Australian coal joint venture for 1.6 billion Australian dollars (£830 million).

Shares in the company were higher in early trading after the FTSE 100 firm confirmed the sale plans.

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