By buying Teck's coking coal business, Glencore will create a coal powerhouse ... but will be investing for safe and productive production, and then harvesting these assets for cash with ...

Glencore is reframing the debate on coal ... of the high-profile ASX names to seek protection under the new “safe harbour” rules coming out of the Covid-19 pandemic. This protects them ...

Glencore (OTC:GLCNF) has decided not to spin off its coal business. Following an acquisition of Teck's (NYSE:TECK) coal assets, most shareholders preferred maintaining the lucrative unit.

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 recent decision, after consulting shareholders, to retain its coal assets is the latest ... today still lack access to energy. It is a safe assumption that most of these people ...

The last time commodity behemoth Glencore Plc tried to sell a stand-alone coal business to the public, its then chief executive officer claimed everyone was “horny as hell” for the fossil fuel.

leading to an increase in global coal production. Glencore, one of the world's largest coal producers, relies heavily on coal for its revenue, with coal production accounting for more than half of ...

Glencore should keep its coal business even after it completes a deal to buy Teck Resources’s coal-mining unit, according to shareholder Tribeca Investment Partners. Coal mine ownership has long ...

Glencore Plc will announce whether it plans to spin off its coal business at its results next week, after completing the purchase of Teck Resources Ltd. mines earlier this month. Coal is one of ...

Switzerland-based Glencore is a major producer/trader of commodities. Due to higher margins, most of its profits come from the production units and more specifically, from copper and coal.

LONDON (Reuters) -Glencore's deal to buy Teck Resources' steelmaking coal unit shows how cheap fossil ... but will be investing for safe and productive production, and then harvesting these ...

Glencore GLEN1.17%increase; green up pointing triangle 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 ...