Mining News

Glencore reiterates coal rundown, just transition commitments

Diversified mining and marketing company Glencore on Thursday unequivocally stuck to its climate-change strategy of running down its coal 15% by 2026 and 30% by 2035, ahead of being net zero by 2050. “That’s written in stone,” Glencore CEO Gary Nagle told journalists during a media conference, where Glencore industrial assets head Peter Freyberg assured Mining Weekly that mine closures would be accompanied by just transitions.

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