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UPDATE: Glencore urges rivals to shut lossmaking mines

Ivan Glasenberg / Getty

 

Glencore chief executive Ivan Glasenberg stepped up his defence of the under-fire miner and trading house on Monday, calling on rivals to shut unprofitable mines and blaming hedge funds for pushing down commodity prices.

Read the full story at FT, by Neil Hume and David Sheppard

 

UPDATE:

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