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Glencore rides to Austral's rescue

Receivership over as Queensland copper junior targets recapitalisation

Haydn Black
Copper ready to go to market. Credit: Austral.

Copper ready to go to market. Credit: Austral.

In an inversion of the traditional story, Goliath has ridden to the rescue of David, with multi-billion-dollar resources house Glencore saving indebted junior miner Austral Resources from receivership....

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