Glencore will close its Tahmoor coal mine in Australia by early 2019 as a continued slump in the price for the fossil fuel has made the operation unsustainable. The company has told its approx. 350 employees that the mine, which had been in operation since 1979 and which generated 2.1 million tonnes of metallurgical coal last year, will be closed early in 2019 rather than have its life extended.
