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1.Market Observations, 8.Was Sticky

2 Nov 2016 (AFR) – Glencore restarts second coal mine in response to soaring price

(2 November 2016, AFR, p16, by: Tess Ingram, Peter Ker)

‘Swiss miner Glencore is leading the supply response to soaring coal prices, announcing that it will reopen a second shuttered coal mine in Australia. Just weeks after it announced plans to reopen the Collinsville mine in Queensland, Glencore said it would also revive the Integra mine in the New South Wales Hunter Valley as it responds opportunistically to the coal price rally.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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