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Glencore’s Optimum Coal begins business rescue proceedings

Glencore has commenced business rescue proceeding for subsidiaries Optimum Coal Holdings and Optimum Coal Mine due to “continued and unsustainable financial hardship” brought about...
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APS Industrial expands regional footprint with Control Technologies acquisition

APS Industrial (APS) is expanding its regional presence through the acquisition of Albury-based Control Technologies, a move the industrial products supplier said will strengthen its local service capability and support further investment in warehousing, stockholding and technical support.