CAPITAL MARKETS

More trouble for Glencore at West Wallsend

GLENCORE’s coal operations in New South Wales have been dealt another blow with geological issues forcing its West Wallsend colliery longwall to cease production indefinitely until the problem is resolved.

Blair Price
More trouble for Glencore at West Wallsend

Glencore had already made the decision to close the troubled West Wallsend in mid-2016 – considerably ahead of the approved mine life to 2021 – impacting a workforce of about 300 that includes contractors....

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