Xstrata, Glencore in coal assets talks

SWISS-based minerals group Xstrata has confirmed it was in talks with its biggest shareholder Glencore International to buy the latter's Australian and South Africa coal assets.

Xstrata, Glencore in coal assets talks Xstrata, Glencore in coal assets talks Xstrata, Glencore in coal assets talks Xstrata, Glencore in coal assets talks Xstrata, Glencore in coal assets talks

"There is no certainty that these discussion will lead to any agreement and a further announcement will be made only if they do so," Xstrata said in a statement.

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