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BHP Billiton sells Indonesian coal assets to JV partner

By:  
Creamer Media Senior Deputy Editor Online
 
COAL
Diversified mining group BHP Billiton has completed a strategic review of its Indonesian coal assets and announced on Tuesday that it would sell its 75% interest in IndoMet Coal to equity partner PT Alam Tri Abadi (Adaro). The sale price is understood to be $120-million.
 
 
 
 
 

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