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Itochu, Sumitomo seek to sell Glencore stake

Jeffrey Richmond | July 22, 2014 | 7:00 pm Energy Coal 

Japan’s Itochu Corp. (TYO:8001) and Sumitomo Corp. (TYO:8053) are looking to sell a combined 45% interest in the NCA Project coal venture operated by Glencore Plc (LON:GLEN) in Australia. According to The Wall Street Journal, Itochu has hired JP Morgan...

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