Teck Resources Q1 Steelmaking Coal Sales Fall Y/Y
April 5, 2024
Teck Resources Limited TECK has provided an update on its first-quarter 2024 steelmaking coal sales volumes and realized prices.
Category: GLEN.LN
Deutsche Bank Says Glencore May Consider Switching Listing to US
April 2, 2024
Glencore Plc may consider switching its primary listing from London to New York, analysts at Deutsche Bank AG predicted
Coal News & Price Data – March 22, 2024 – Glencore in the news again
March 22, 2024
Investors advocate for Glencore (GLEN.L) to retain coal mining assets, citing financial prospects and environmental benefits.
Glencore Abandons Coal Production Cap
March 22, 2024
Australia’s biggest thermal coal producer, Glencore, has withdrawn a promise to keep annual coal production below 150 million tonnes
More investors push Glencore to keep coal post-Teck deal
March 22, 2024
A growing group of Glencore opens new tab investors are keen for it to keep mining coal instead of spinning out the soon-to-be enlarged unit
Teck’s Elk Valley clean up could cost at least $4.7 billion
March 19, 2024
The cost of cleaning Elk Valley river from the toxic materials released by Teck Resources’ coal mining could be at least $4.7 billion
Big Glencore shareholders will back coal plan
March 14, 2024
A big European investor says they will back Glencore chief executive Gary Nagle’s strategy for the future of the company’s coal mines so long as
Glencore Faces Pressure from Activist Investor and Could Reward Shareholders Pending Coal Unit Demerger Decision
March 13, 2024
In a bold move that underscores the power of activist investing, Glencore International AG is under pressure from a prominent hedge fund
Teck Resources expects to close coal unit sale to Glencore by Q3 2024
February 23, 2024
Canadian miner Teck Resources plans to close the sale of its steel-making coal unit to Glencore no later than the third quarter of 2024
Coal News & Price Data – February 22, 2024 – Updates from Glencore & BHP
February 22, 2024
Glencore CEO Gary Nagle stated that fossil fuels remain vital for the energy transition until renewable sources are fully integrated.
Coal News & Price Data – February 21, 2024 – Dalian Coking Coal Rallies on Production Cuts
February 21, 2024
Surge in coking coal futures prices on Feb 21st was triggered by reports suggesting that Shanxi Lu’an, one of China’s major coal producers
Glencore’s Coal Earnings Slide Despite Production Growth
February 21, 2024
Glencore’s coal division saw a significant drop in earnings in 2023, with adjusted EBITDA falling to $7.97B compared to $17.92B in 2022