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Global miners to set up online global coal market
REUTERS
London, Oct 23: Three of the world's biggest mining groups on Monday announced an alliance with commodity trader Glencore International AG to set up global Internet marketplaces for trading commodities, starting with coal.Rio Tinto Plc/Ltd, Anglo American Plc, Billiton Plc and Swiss-based Glencore said they would join Internet firm Accel-KKR Company LLC to develop online marketplaces for trading base metals, bulk ores and bulk alloys. Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.
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