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Glencore raises it hard coking coal horizons: WoodMac

THE US$1.7 billion acquisition of Rio Tinto’s Hail Creek and Valeria assets will revitalise Glencore’s hard coking coal production profile, which has declined with the closure of its Oaky No. 1 mine in 2017 and the conclusion of the sale of Tahmoor to SIMEC, according to Wood Mackenzie analyst Viktor Tanevski