Glasenberg sees strong future for Aussie thermal coal business

GLENCORE CEO Ivan Glasenberg has signalled that the company will keep its high quality coal product Australian business despite winding down production in other coal producing areas of the company as it transitions to a low carbon economy.

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Glasenberg sees strong future for Aussie thermal coal business Glasenberg sees strong future for Aussie thermal coal business Glasenberg sees strong future for Aussie thermal coal business Glasenberg sees strong future for Aussie thermal coal business Glasenberg sees strong future for Aussie thermal coal business

Glencore CEO Ivan Glasenberg.

He said the company was on track to exceed its greenhouse gas target of reducing Scope 1 and 2 emissions intensity by at least 5% by 2020 compared to a 2016 base line.

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