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SOUTH Korean steelmaker Posco jumped into the Macarthur Coal fray yesterday securing a 10% stake in the coal miner following India’s ArcelorMittal with its 5% stake hike in Macarthur over the weekend.
Posco, one of the world's biggest steel companies, joined the international collection of steel companies on Macarthur's share registry spending $A420 million for shares at a market premium of $A20 a
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West Africa an improved opportunity
West Africa an improved opportunity
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