Tag: Coal Mines
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Australia: Glencore halts coal operations at its NSW mines for two weeks
Mining giant, Glencore has decided to suspend operations at coal mines in Hunter Valley, New South Wales, Australia for two weeks. The reason being COVID-led sluggish coal demand globally and increasing resistance from its key importer, China to avoid Australian coal cargos. Glencore on Friday quoted the site and equipment shutdowns, which would coincide…