MANAGEMENT

Glencore wins Newcastle port stoush

THE Australian Competition and Consumer Commission has determined that Port of Newcastle Operations should reduce its charge for ships coming into the port to take Glencore coal by about 20% to 61c per gross tonne.

 Glencore has had a win in its fight with Port of Newcastle Operations.

Glencore has had a win in its fight with Port of Newcastle Operations.

Glencore and PNO have been fighting over the terms and conditions for accessing the "declared" shipping channel service at Newcastle. The port provides the only commercially viable means of exporting...

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