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ArcelorMittal increases Macarthur stake

STEELMAKER ArcelorMittal yesterday increased its stake in Macarthur Coal to 19.9% with the acquis...

MiningNews.Net

The shares were purchased at $A20 each, bringing ArcelorMittal's total investment in Macarthur to $843 million. The purchase is subject to Foreign Investment Review Board approval. "The acquisition...

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