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Glencore accelerates debt reduction

Swiss resources giant Glencore has surprised on the upside with its debt reduction measures

Kristie Batten
Glencore accelerates debt reduction

The company increased its debt reduction target to $US13 billion from $10.2 billion after already locking in $8.7 billion since September. As a result, the target for net debt at the end of 2016 has...

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