News Wrap

IN THIS morning’s News Wrap: Asia fuels Glencore purchase; Noble to test Yancoal's $3.1 billion raising; and Rio Tinto backs China's strength.

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Asia fuels Glencore purchase

Glencore’s most senior Australia-based executive Peter Freyberg said growing Asian demand for coal was behind the company’s decision to pay US$1.4 billion (A$1.

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