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
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
Teck ditches coal, flags lower copper output in Chile January 5, 2024 Teck Resources kissed coal goodbye after closing the sale of its minority stake in steelmaking coal operations to Nippon Steel and Posco