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29 Feb
17:25

Consol sells Appalachian met coal assets for $420m

Pittsburgh, Pennsylvania-based Consol Energy is selling certain Appalachian metallurgical coal assets for $420 million to Coronado IV LLC, Kallanish learns from a company statement. Coronado IV LLC will pay $398m in cash plus other considerations for the Buchanan Mine in southwestern Virginia; the idled Amonate Mine, which spans both southern West Virginia and southern Virginia; the greenfield Russell County reserves in southwestern Virginia; and the greenfield …
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