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Buma Seeks New Coal Assets Amid Uncertainty Over Australian Mine Acquisition
ByAinvest
Friday, Sep 5, 2025 4:52 am ET1min read
Indonesian mining company PT Buma Internasional Grup Tbk is seeking new coal assets as uncertainty surrounds its planned purchase of Australia's Dawson project from Peabody Energy Corp. and Anglo American Plc. Buma had agreed to buy a 51% stake in Dawson for $455 million, but Peabody has since abandoned its $3.8 billion purchase of Anglo's coal portfolio, including Dawson. Buma remains committed to acquiring high-quality assets to strengthen its portfolio and support long-term growth.
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