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Glencore puts Queensland coal project on ice

The Queensland government’s coal royalty hike is part of the reason Glencore is withdrawing its A$2 billion Valeria project from the approvals process and instead placing it under review.

Glencore puts Queensland coal project on ice Glencore puts Queensland coal project on ice Glencore puts Queensland coal project on ice Glencore puts Queensland coal project on ice Glencore puts Queensland coal project on ice

A Glencore spokesman said genuine and timely consultation with companies on the detail of policy reforms was crucial to avoid continued uncertainty.

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