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Glencore wins $520 million deal to sell coal to Mexico

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Global trader Glencore has won contracts worth around $520 million to supply 4.94 million tonnes of coal to Mexico, state-run power utility the Federal Electricity Commission (CFE) said on Tuesday. 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. Reuters reports. Brazil’s Bolsonaro plans new trip to U.S., China and Middle Eastern countries Brazilian President Jair Bolsonaro said on Tuesday he is planning new trips to the United States, […]
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