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"Glencore will now jointly own the 'crown jewel' in the Hunter Valley operations"

Glencore (LN:GLEN) may have lost the initial fight for Rio Tinto’s (LN:RIO) Coal & Allied business to Yancoal (AU:YAL), but the war looks like it will end with the mining and trading company holding 49% of the operation it was always after.

Mining Journal
Glencore looks like being able to realise the most synergies from adding HVO to its existing assets in the region

Glencore looks like being able to realise the most synergies from adding HVO to its existing assets in the region

The tussle for C&A was thought to have concluded last month when Yancoal came in with an increased US$2.69 billion offer for the assets, topping the higher bid that Glencore had tabled days earlier. ...

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