Coal News & Price Data – August 8, 2023 – Glencore, Coronado & CONSOL Earnings Summaries
Glencore Plc has reported a 50% drop in first-half profit due to disappointing Chinese demand affecting commodity prices.
Glencore Plc has reported a 50% drop in first-half profit due to disappointing Chinese demand affecting commodity prices.
This ongoing saga continues, and from my vantage Glencore is strategically out maneuvering Teck’s management.
Teck Resources rejected an unsolicited acquisition proposal from Swiss commodity trader and mining company Glencore.