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The world's largest mining company BHP Group has hired Macquarie Bank and JP Morgan to sell its Australian thermal coal mine, three sources said, as miners face increasing pressure to reduce their.Given the size of Australia's coal exports, changes in export volumes and prices can have a significant effect on Australia's GDP and terms of trade. The rest of this article discusses some of the international developments shaping the global market for Australian coal exports, and how these are informing the Bank's forecasts.
Australia mines both thermal coal (used for electricity) and metallurgical or coking coal (used to make iron and steel) Australia is one of the world's largest producers of coal, of which 75 per.Australia's mining industry is sleepwalking into a crisis which it thought was confined to coal Dryblower 11 MAR 2019 Dryblower on Mark Bristow's bid to conquer the mining world Dryblower looks at the Barrick boss' quest to reshape gold mining Dryblower 04 MAR 2019 Dryblower on Mark Bristow's joke about a Newmont bid, or is it If mining.
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