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Xstrata says would accept just 50% of Jubilee

Swiss mining group Xstrata plc has reduced the minimum acceptance level in its Jubilee Mines takeover offer from 90 per cent to 50 per cent, after struggling to win acceptances from Jubilee shareholders.

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WA Revenue most recent financial year

1st-CBH Group$4.19bn
2nd-Glencore$910.0m
3rd-KB Food$613.8m
4th-Plum Grove$493.0m
5th↑Geraldton Fishermen's Co-operative$350.7m
98 agribusiness ranked by WA revenue most recent financial year

WA export revenue

12th↑Mineral Resources$1.20bn
13th↑Iluka Resources$970.0m
14th-Glencore$955.0m
15th-Karara Mining$900.0m
16th-Talison Lithium$683.0m
51 exporters ranked by WA export revenue most recent financial year

Number of Employees

Exporters

10thCBH Group1,100
11thV&V Walsh1,000
12thGlencore900
13thWestern Areas650
14thTronox600