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CCI greenlights acquisition of Anglo American’s Australian coal assets

  • Peabody, a global coal powerhouse, has received approval from CCI for the acquisition of Anglo American's Australian coal assets.
  • The deal aims to strengthen Peabody's presence in the high-demand metallurgical coal market and secure a steady supply of premium steel-making coal.
  • The financial details of the transaction have not been disclosed, but it is seen as a strategic move to enhance Peabody's global supply chain.
  • The acquisition of Anglo American's coal assets is expected to have ripple effects on the supply chain, potentially impacting coal pricing and trade dynamics in the region.

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