FTSE 350 Review 2018 

FTSE 350 Metals & Mining: Divestments and diversions

FTSE 350 Metals & Mining: Divestments and diversions

Last year ended with a story that neatly captures several critical themes for London’s largest miners in 2018. According to Bloomberg, a handful of private and listed groups including Glencore (GLEN) and South32 (S32) had entered the final bidding round for Rio Tinto’s (RIO) two remaining coal mines. One auction, multiple buyers, two attitudes to fossil fuel divestment, and a $1.5bn (£1.1bn) price tag.

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