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South32 to spin off SA coal division

Posted by: Admin | Posted on: November 27th, 2017 | 0 Comments

The standalone company will be restructured and managed separately from the rest of the group with tailored functional support, systems and governance processes. The move should improve the operation’s competitiveness and ensure its ongoing sustainability, South 32 said.

Article source: http://www.mining-journal.com/bulks/news/1309356/south32-spins-sa-coal-division?source=miningjournal

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