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BARRY FITZGERALD
SA coal exit and Hermosa to prop South32
IT has been tough going in the last couple of months for companies that don’t have iron ore production in their portfolios, writes <b>Barry FitzGerald</b>.
South Africa Energy Coal
South32 is the prime example, shedding A$3 billion of its market value since early April. The fall in value to $16.2 billion is primarily due to the retreat in alumina prices from last year's unsustainable...
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