News Wrap

IN THIS morning’s News Wrap: Write-downs hang over Glencore after price falls; Anglo American eyes Cutifani; and Rio warns Gove plant at risk.

Write-downs hang over Glencore after price falls

GLENCORE suspects it will have to take write-downs on $US5 billion to $US7 billion of Xstrata's assets when the two mining groups merge, according to

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