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Glencore Sticks With Coal, Cites Pendulum Shift on ESGGlencore 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 (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, Jan 30 (Reuters) - Glencore (GLEN.L), opens new tab on Thursday reported lower copper, cobalt, zinc, nickel and thermal coal production in 2024, in line with guidance. The company said it ...
Swiss commodity trader Glencore Plc has abandoned plans to spin off its coal division due to the refusal of shareholders to support the deal nine months after announcing its exit from the profitable ...
Glencore has faced shareholder demands for greater disclosure on how pursuing new coal projects is aligned with global efforts to fight climate change.Credit: Nic Walker Combining parts or all of ...
Glencore’s coal production from South Africa fell by 7% in 2024 due to constrained export rail capacity under Transnet, although the company on Thursday said it would ramp up output once ...
While Glencore has large copper assets at a time when the world’s biggest producers are all seeking to expand in the metal crucial to the energy transition, it also owns a massive coal business ...
Talks were brief and did not go anywhere, source says A deal could form world's biggest listed miner Rio would likely be interested in Glencore's copper assets but not its coal, analyst says Click ...
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