Mining News

Investors Balk at Plan to Buy Coal Mines and Close Them – by Ben Dummett and Joe Wallace (Wall Street Journal – December 18, 2021)

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https://www.wsj.com/ Citigroup Inc. C -2.51% and its partners abandoned the creation of a fund that aimed to shorten the life of coal mines after the group struggled to convince investors of the plan’s green-energy merits, according to people familiar with the matter. The bank teamed up with commodities trader Trafigura Group Pte. Ltd. and Resource …

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