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Glencore splashes more cash on Aussie coal

Glencore has announced two deals worth a combined US$530M to lift stakes in two Australia coal mines

Noel Dyson
Clermont

Clermont

The company is buying Mitsubishi Development's 10% interest in the Ulan coal operation in New South Wales to take full ownership of it and also upping its stake in the Clermont operation in a separate...

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