[miningmx.com] – GLENCORE Xstrata is considering a proposal to combine some of its coal assets with mines run by Rio Tinto, said Bloomberg News citing two people with knowledge of the matter.
Glencore and Rio own some of the largest thermal-coal mines in the Hunter Valley region of New South Wales and have held initial talks on ways to share mines and infrastructure to cut costs, Bloomberg News said.
Click here to read the full article
