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Glencore Secures Approval for Key Australian Coal Mine Expansion

Source: Bloomberg

Commodities & Raw MaterialsEnergy Markets & PricesRegulation & LegislationESG & Climate Policy

Glencore Plc and Yancoal Australia received approval to significantly expand their jointly owned Hunter Valley coal mines in eastern Australia. The approval extends mine operations through 2045, supporting long-term coal production, reserve monetization and operating visibility for both companies.

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