COAL
Final bids for Anglo American's metallurgical coal mines in Australia, valued at up to $1.5-billion, must be submitted by June 6, three sources close to the matter said on Thursday.
Anglo American, like its peers, is selling off prized assets after a prolonged commodities rout has left it with high levels of debt. It aims to sell between $3-billion and $4-billion of assets this year.
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