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Glencore to sell GRail coal haulage business

Glencore has reached an agreement with Genesee & Wyoming Australia to sell its GRail coal haulage...

Staff reporter

The closure of the transaction is subject to approval by Australia’s Foreign Investment Review Board. Peter Freyberg, head of Glencore’s global coal assets, said: “We established GRail in 2010 and have...

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