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Glencore slashes capex

IN RESPONSE to weak market conditions, Glencore has cut its 2015 capital expenditure guidance by ...

Kristie Batten

Sustaining and expansionary capex was previously set to be $US7.9 billion ($A10.2 billion), but Glencore has revised down the figure to $6.5-6.8 billion. The company said further details would be provided...

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