What does Glencore Xstrata see in coal that others don’t?
CEO Ivan Glasenberg’s move makes total sense. “This is a classic counter-cyclical acquisitive strategy that Ivan Glasenberg has made his name in,” mining analysts Paul Gait told Bloomberg.
Read more at: http://www.mining.com/what-does-glencore-xstrata-see-in-coal-that-others-dont-66424/
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