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X2 wants to buy Rio coal assets: FT

MICK Davis - the former boss of Xstrata before it was bought out by Glencore - is in negotiation...

Lau Caruana
X2 wants to buy Rio coal assets: FT

A long believer in thermal coal in his days at Xstrata, Davis’ X2 Resources is now reportedly ready to make a strategic acquisition in the Australian thermal coal industry with his $US5.6 billion war chest...

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