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BHP exits Indonesia coal, at a loss

Indomet is latest asset to tumble out of a once mighty portfolio

Mining Journal
Jakarta, Indonesia. Country risk a consideration worth noting

Jakarta, Indonesia. Country risk a consideration worth noting

Adaro paid US$350 million to acquire a 25% stake in 2010. But Australian media have suggested the controlling stake went for a paltry $120 million. An impairment charge is expected in BHP’s full-year accounts....

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