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Glencore fights back, sweetens deal for Rio Tinto’s Australian coal assets

Cecilia Jamasmie | June 23, 2017 | 7:58 am Energy Top Companies Asia Australia China Europe Coal 

Miner and commodities trader Glencore (LON:GLEN) is not giving up on Rio Tinto PLC’s Australian coal assets as it has submitted an improved all-cash offer of $2.68 billion only a few days after its previous bid was rebuffed. The Swiss firm...

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