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Under fire Glencore opens door a crack

This content was published on Apr 14, 2011 The long-awaited listing on the London and Hong Kong stock exchanges is expected to fetch up to $11 billion (SFr9.8 billion) for new acquisitions. However, the move was not welcomed by pressure groups that accuse the firm of exploiting developing countries. Canton Zug-based Glencore has established itself as a powerhouse in the oil, minerals, metals…