Glencore, together with its joint venture partners Itochu and Sumitomo, has commenced a sale process for the Rolleston thermal coal mine in Queensland’s Bowen Basin.
This decision is part of Glencore’s ongoing program to optimise its portfolio and redeploy capital into other opportunities.
The Rolleston mine:
- Produced 13.3 million tonnes of saleable coal in 2016, out of Glencore’s total Australian managed saleable coal production of about 93 million tonnes;
- Is an established, < ... Read More