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Glencore to buy out Cerrejon JV partners for US$588M

"Disposing of fossil fuel assets and making them someone else's issue is not the solution," said CEO

Tom Hoskyns

Glencore will pay about US$294 million cash each to Anglo American and BHP for their respective 33.3% stakes in the asset. However, based on expected production and forecast coal prices, Glencore said...

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