Glasenberg believes in long term future of coal

THERE will be a growing demand for thermal coal as south east Asian economies keep growing and Indonesia redirects its coal exports for domestic use, according to Glencore CEO Ivan Glasenberg.

Glasenberg believes in long term future of coal

Glencore CEO Ivan Glasenberg.

06 December 2019
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Glasenberg told a conference call that the company had no plans of quitting the coal business despite agreeing to keep its coal production at 150 million tonnes a year to satisfy climate-focused

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