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Glencore gets its Hunter Valley wish

Glencore has strikes a deal to acquire 49% of Coal & Allied

Kristie Batten
Glencore gets its Hunter Valley wish

Yancoal has agreed to sell Glencore 49% of the Hunter Valley operations (HVO) and form a joint venture once it has completed the buy from Rio. Glencore will pay US$1.13 billion in cash plus a 27.9% share...

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