Glencore abandoned a plan to spin off its coal business after shareholders encouraged it to keep mining the fossil fuel, in the latest signal that the finance world’s sustainable-investing craze ...
Glencore's strategic decision to retain and expand its coal portfolio, despite falling prices, is proving advantageous amid the complex energy transition. Copper is pivotal for Glencore's future ...
Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) -2.8% in London trading Tuesday after reporting half-year production results and saying it will announce next week whether it plans to spin off its coal business.
LONDON: Glencore Plc has abandoned plans to spin off its coal unit just nine months after saying it would exit the profitable but polluting business, following discussions with its shareholders ...
Cerrejon, a subsidiary of Anglo-Swiss commodities giant Glencore, said on Tuesday it will begin reducing production at its ...
(Bloomberg) -- Glencore Plc said it’s cutting planned coal production as the world’s biggest shipper of the dirtiest fuel looks to halt a prolonged collapse in prices. The giant commodity ...
Turns out the coal party might be winding down early—at least for Glencore. The world’s biggest exporter of thermal coal has finally said “enough is enough” and announced it’s cutting ...
(Bloomberg) — Glencore Plc said its sprawling coal business should not be an impediment to any potential deal with one of its large rivals. When Glencore and Rio Tinto Group discussed a potential deal ...
GLENCORE said on Tuesday it would cut production from its Cerrejon coal mine in an effort to arrest a decline in the fuel’s price. The group will produce between five to 10 million tons less coal than ...
Glencore's (OTCPK:GLCNF) (OTCPK:GLNCY) Cerrejon subsidiary said Tuesday it will begin cutting production at its Colombia coal mine by 5M-10M tons annually, citing unsustainable prices for thermal ...