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Glencore slashes capital spending as commodity prices bite

Sydney Morning Herald | February 12, 2015 | 1:00 am Base Metals Energy Europe Coal Copper Iron Ore Uranium 
AMEBC pleased with federal budget

Glencore has slashed spending for this year by up to $US1.4 billion amid a rout in commodity prices, and will spin-off its stake in the unwanted South African platinum producer Lonmin inherited in its merger with Xstrata two years ago.

via Glencore slashes capital spending as commodity prices bite.

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