Fear not the 'Glenstrata' giant, say coal customers
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Big coal buyers should not fear the merger of miner Xstrata and trader Glencore into a dominant trading force, say customers who already rely on the two for supplies of coking coal for steel and thermal for power generation.
They say the tie-up, creating the world's largest coal exporter, will only formalise the long-standing collaboration between the two and end years of ambiguity over Glencore's role in marketing Xstrata's output.
Full "Mining Weekly" article
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