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Accel-KKR, Anglo American, others agree to build commodities exchanges

Published on .

Palo Alto--In a major global e-hub move, Accel-KKR Co., Anglo American plc, Billiton plc, Glencore International AG and Rio Tinto plc will jointly build commodities b-to-b exchanges. The consortium's first e-hub, Global Coal, will target the worldwide coal industry. Other exchanges are planned for base metals, bulk ores and bulk alloys. Accel-KKR is also building an exchange for McDonald's Corp.
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