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Glencore Xstrata cuts coal production at Aussie mines, slashes 450 jobs

Cecilia Jamasmie | June 27, 2013 | 3:59 pm Energy Australia Europe Coal 

Glencore Xstrata (LON: GLEN) became Thursday the latest firm to slash hundreds of coal-mining jobs in Australia as the industry faces lower prices, high costs, excess supply and weak demand. The company, which started the week laying off around 46...

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