Australia's Macarthur Coal has accepted an improved 3.6 billion euros takeover offer from top US mining company Peabody Energy and the world's biggest steelmaker ArcelorMittal. It is the latest in a series of coal deals in Australia, with firms - particularly from China and India - snapping up mines best positioned to feed booming demand from Asian steel mills. ... http://www.euronews.net/
Be the first to comment