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Reuters reported that Solid Energy will buy the New Zealand-based Pike coal mine where an explosion killed miners in 2010.
Reuters reported that Solid Energy will buy the New Zealand-based Pike coal mine where an explosion killed miners in 2010.
As quoted in the market news:
There is estimated to be about 18 million tonnes of high-quality coking coal, with a market value of billions of dollars remaining at Pike River, which was only a matter of months into its productive life when the explosion occurred.