The price of BHP Billiton’s Maruwai coal mine of has increased to US$700 million from an earlier estimate of US$400 million.

The offer has risen to as high as US$700 million, a company source told the newspaper Investor Daily.

Earlier this year, BHP Billiton (ASX:BHP) announced plans to sell all its assets in Indonesia including the Maruwai coal mine, which was priced at US$400 million.


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