Glencore’s $22B assets shift sets stage for mining mega-merger
The restructure consolidates coal mines in Canada, South Africa and Colombia, as well as a copper project in Argentina, under Glencore Australia.
The copper price fell on Tuesday after China declared it will keep its economic operations within a reasonable range over the next 18 months and take “comprehensive measures” to ease rising commodity prices. Copper for delivery in September fell 0.5%...
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