Glencore raises it hard coking coal horizons: WoodMac

THE US$1.7 billion acquisition of Rio Tinto’s Hail Creek and Valeria assets will revitalise Glencore’s hard coking coal production profile, which has declined with the closure of its Oaky No. 1 mine in 2017 and the conclusion of the sale of Tahmoor to SIMEC, according to Wood Mackenzie analyst Viktor Tanevski

Glencore raises it hard coking coal horizons: WoodMac Glencore raises it hard coking coal horizons: WoodMac Glencore raises it hard coking coal horizons: WoodMac Glencore raises it hard coking coal horizons: WoodMac Glencore raises it hard coking coal horizons: WoodMac

Glencore's Hail Creek mine will lift coking coal production for the company.

Tanevski said Glencore's metallurgical coal production was expected to rise 67% from 2017 to 2019 to 15 million tonnes with Hail Creek added to  its portfolio, excluding the impact of yet to be