Mining News

High-flying Glencore locks in renewable power, prioritises future-facing metals

Diversified mining and marketing company Glencore, which delivered exceptionally strong financial results in the six months to June30, is taking steps to progress its decarbonisation pathway, CEO Gary Nagle said on Thursday. The steps include locking in a number of renewable purchase power agreements to reduce the Scope 1 and 2 emissions in its business and managing down its Scope 3 emissions largely through the rundown of its coal business. (Also watch attached Creamer Media video.)

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