News
30 May 2025

Glencore restructures coal assets under one Australian unit

In:
Metals and Mining
Region:
Americas, Asia-Pacific

Glencore has restructured its coal business by moving its recently acquired Canadian mines into a single unit run out of Australia.The Swiss-based miner and trader bought Canadian miner Teck Resources' steelmaking coal assets for $6.9 billion and initially outlined a plan to spin off all its...

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