In a significant development in the global coal industry, the Competition Commission of India (CCI) has given its approval for the acquisition of a portion of Anglo American plc’s (Anglo) steel-making coal portfolio in Australia by Peabody MNG Pty Ltd and Peabody SMC Pty Ltd. This acquisition marks a notable transaction in the metallurgical coal sector, as Peabody strengthens its global presence in steel-making coal markets.
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