Thursday, March 17, 2016

Glencore, Partners in Australian Port Face Heavy Cost of Boom Era Bet by REUTERS


By REUTERS

Glencore and five other miners backing the world’s most expensive coal port in Australia face extra annual charges of A$150 million after the restructuring of one of their partners this month, the latest to buckle under slumping commodity prices.

Published: March 16, 2016 at 10:38PM

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