Mining News

Anglo CEO expects investor support for plan to keep ‘met’ coal

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Anglo American, which divested its thermal coal mines this year after pressure from investors, plans to retain its steelmaking coal portfolio as it is confident that they will not press for an early exit, the mining group’s chief executive said. Anglo spun out its South African thermal coal operations and sold its stake in a Colombian mine to Glencore after shareholder calls to ditch the more polluting fossil fuel to meet emissions targets.

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