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09 Dec
09:20

Glencore to sell coal subsidiaries in Australia

Mining giant Glencore will close four Australian coal mines by 2023 and aims to sell these while they are still profitable. The company says this is because it is committed to transition to a low-carbon economy, Kallanish notes. The mines include the 4.5 million tonnes/year Liddell open-cut mine with semi-soft coking and thermal coal and the 2m t/y Integra underground thermal coal mines. Also included are the 3.7m t/y Glendell thermal coal open…
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