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South32 confirms US$1.6B deal to quit coal

Latimore, GEAR to buy legacy assets in NSW as miner advances metal transition

Haydn Black
The Dendrobium extension will keep the 650 miners employed at the operation in work and provide jobs for another 50.

South32 is selling assets such as Appin and Dendrobium

South32 expects to be out of its coal business within six months after announcing the sale of its remaining coal assets in New South Wales for up to US$1.65 billion. The Illawarra business produces...

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