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Glencore freezing $6bn project may be just the start as thermal coal price drops near 3-year low

Frik Els | September 11, 2013 | 10:49 pm Energy Africa Australia Coal 

Funding for coal projects from miners and governments are drying up Glencore Xstrata has put on hold its massive $6 billion Wandoan thermal coal project in Australia because of coal market prices approaching three-year lows. The proposed 30 million tonnes...

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