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RR1:AU
Rights Issue and Shortfall
Reuters Africa reported that production of coal at Peabody’s (NYSE:BTU) Australian coal mines is forecast to rise.
Reuters Africa reported that production of coal at Peabody’s (NYSE:BTU) Australian coal mines is forecast to rise.
As quoted in the market news:
The company, which recently acquired 90 percent of its Australian takeover target Macarthur Coal, said the mines together are expected to increase production by 3-5 million tons.
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