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Markets

Glencore wins $520mn deal to sell coal to Mexico

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The utility said in a statement that by offering the best price, Glencore won all 12 auctions held to supply a CFE plant in the southwestern state of Guerrero with the coal, for delivery between May and December of this year.

The contracts were worth around $519.6 million in total, a CFE spokesman said.

Copyright Reuters, 2019