Tue, 24 Jul 2012 03:51:36 CDT

LONDON - Anglo American is to buy a majority stake in the Revuboe metallurgical coal project in Mozambique for A$540 millionfrom Australia's Talbot Group, boosting its presence in a key region for the steelmaking commodity. Anglo said on Tuesday it would buy a 58.9 percent stake from the group founded by the late mining tycoon Ken Talbot. Other partners in the project are Nippon Steel...

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