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Low coal prices force Glencore to shut Australia’s Tahmoor mine

Cecilia Jamasmie | June 02, 2016 | 7:54 am Energy Australia Europe Coal 

Mining and commodities giant Glencore (LON:GLEN) will close its Tahmoor coal mine in Australia by early 2019, as a continued slump in the price for the fossil fuel has made the operation unsustainable. Life-extending operations were studied, but current market conditions...

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