Glencore Takes Over Operation for Rio Tinto at Clermont Coal Mine
Mining giant Glencore has officially taken over management of the Clermont coal mine in Queensland, Australia after completing the $1.015 billion acquisition from Rio Tinto. Although the sale agreement was sign in October 2013, the two sides have been patiently awaiting certain regulatory approvals.
Read more at: http://www.miningglobal.com/operations/773/Glencore-Takes-Over-Operation-for-Rio-Tinto-at-Clermont-Coal-Mine
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