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LG Int'l says interested in Peabody's Australia coal asset
May 30, 2012 / 5:12 AM / in 5 years

LG Int'l says interested in Peabody's Australia coal asset

SEOUL, May 30 (Reuters) - South Korea’s LG International has submitted a bid for U.S. firm Peabody Energy Corp’s Wilkie Creek coal mine in Australia, a spokesman for LG said on Wednesday.

The spokesman declined to comment on whether it made a solo bid or formed a consortium for the mine in Queensland.

The mine is worth between $500 million and $750 million, South Korean media reported in April.

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