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On 19 June 2013, it was announced that Tinkler's biggest remaining asset, a 19 per cent share in coal miner Whitehaven, had been bought by his main financial backers, including Farallon Management. It was estimated that the sale price of $2.96 per share represented a substantial loss by Tinkler's backers on their loans to him.
China is the largest coal producer in the world, [18] with 3.84 billion tonnes in 2020 and China National Coal Association forecasting an increase in 2021. [19] The coal production 1829 Mtoe in 2018 is more than the total aggregate of next nine top coal producers and 46.7% of the total global production. [20]
Polymetallic nodules on the deep seabed in the CCZ Example of manganese nodule that can be found on the sea floor. Polymetallic nodules are found at depths of 4–6 km (2.5–3.7 mi) in all major oceans, but also in shallow waters like the Baltic Sea and in freshwater lakes.