Glencore strikes Japan coal deal

JAPANESE power player Tohoku Electric Power has struck a coal deal with Glencore for supplies of thermal coal from Australia through to next September.

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Glencore strikes Japan coal deal Glencore strikes Japan coal deal Glencore strikes Japan coal deal Glencore strikes Japan coal deal Glencore strikes Japan coal deal

Glencore has struck a coal sales agreement with a Japanese utility.

According to media reports the two have agreed on a price of $109.77.

Australian spot thermal coal prices have trade around six-year highs in recent months.

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