US EditionGlencore may look at Anglo mines if Peabody deal fails
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Glencore may look at Anglo mines if Peabody deal fails
GLENCORE might lodge its interest in Anglo American’s Australian metallurgical coal mines should their sale to Peabody Energy not be consummated. Last week Peabody CEO Jim Grech raised doubts over his firm’s $3.8bn agreement to buy the mines. This is owing to fire damage at Moranbah North which is one of the mines Anglo wants to sell. Said Grech: “You are going to have probable de-rates of the facility going forward because of future operating c…
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