Mitsubishi Corp to sell interests in Australia businesses
Separately, Glencore has made a proposal to MC for Glencore's purchase of its HVO and WW interest at the price of U$920 million, in connection with Glencore's offer to Rio Tinto to purchase all of the shares in C&A. MC has accepted the proposal, subject to Glencore successfully completing the acquisition of C&A.
Will the black magic work again
Sample this. Coal India, the much-reviled public sector coal behemoth, produced 462 mt of coal last year, with all the much-publicised legacy problems that it faces. The top seven global (private sector) mining giants together produced around 700 mt of coal last year (see Coal output by global players). And all of India´s private players produced a mere 50 mt of coal in 2014.
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