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LONDON (Reuters) - Glencore (GLEN.L) on Tuesday said it would review its options after Rio Tinto (RIO.L)(RIO.AX) said it was sticking to a recommendation of China-backed Yancoal (YAL.AX) as the preferred buyer of its Coal & Allied division in Australia.
In a statement, Glencore, which had made a higher offer than Yancoal, said it would respond "in due course".
Reporting by Barbara Lewis. Editing by Jane Merriman