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CONSOL takes its first step into Australian mining

THE United States' largest coal exporter, CONSOL Energy Inc, is taking its first step into Australia's coal industry with the announcement today it will take a 50% stake in AMCI Inc's Glennies Creek colliery.

MiningNews.Net

CONSOL will pay US$14 million for half of the New South Wales mine, which is currently at an advanced stage of development and is being equipped with a longwall mining system. The mine, expected to begin...

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