13
Aug
13:57
Glencore retains coking coal business
Glencore will retain rather than demerge its coking coal business after deciding this should enhance cash generation capacity and recognising the raw material’s role in supporting the infrastructure needed for the energy transition.
After Glencore consulted shareholders representing an estimated two-thirds of eligible voting shares, 95% of them supported the retention of the business. This is primarily because the cash generated could fund opportunities in G…
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Anonymous
Very good overview of the weekly steel market.
Anonymous