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Glencore Raises Optimum Coal Stake

Glencore has increased its stake in South African company Optimum Coal.

Glencore has increased its stake in South African company Optimum Coal, Reuters reports. Glencore raised its holding in the firm from 23.9 percent to 24.7 percent.

The acquisition consists of a little more than 1.8 million shares. Glencore is the world’s biggest commodities trading firm.

Click here for the story from Reuters.

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