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Canadian Press NewsAlert: Sherritt selling coal business for $946 million

TORONTO, Cananda - Sherritt International Corp. is selling its entire coal business to two separate buyers for a total of $946 million. Westmoreland Coal Co. will buy Sherritt's Prairie and Mountain operations in Western Canada for $465 million and Altius Minerals will buy a royalty portfolio and coal developments for $481 million.

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The Canadian Press


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