SYDNEY (Reuters) - Miner Glencore PLC (L:GLEN) said on Monday it has launched a sale process for the Rolleston thermal coal mine in Australia together with its joint venture partners, Japanese trading houses Itochu Corp (T:8001) and Sumitomo Corp (T:8053).
"This decision is part of Glencore's ongoing programme to optimise its portfolio and redeploy capital into other opportunities," Glencore said in a statement.
It didn't disclose financial targets for the proposed sale.