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Glencore bucks activist demand for rapid coal divestment

Swiss-headquartered Glencore looks set to remain in coal for the time being, with higher production forecast for next year.

Glencore bucks activist demand for rapid coal divestment Glencore bucks activist demand for rapid coal divestment Glencore bucks activist demand for rapid coal divestment Glencore bucks activist demand for rapid coal divestment Glencore bucks activist demand for rapid coal divestment

At a conference call on December 2, Glencore restated its strategy of slowly running down its coal assets, bucking investor demands that it divest them.