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Nagle expresses firm belief in Glencore’s coal-depleting climate change strategy
By Martin Creamer | Mining Weekly Firm belief in the climate change strategy being embarked upon by diversified mining and marketing company Glencore was expressed on Tuesday by incoming Glencore CEO Gary Nagle. Outgoing CEO Ivan Glasenberg announced in December that he would be handing over the reins of the global company in mid-2021 to Nagle, who has […]
India’s coal imports rebound as Australia wins market share
By Clyde Russell | Reuters India’s coal imports have revived in recent months to close to pre-pandemic levels, but the market shares of the countries supplying cargoes has shifted, mainly as a result of China’s dispute with Australia. India imported 17.56 million tonnes of thermal and coking coal in January, according to vessel-tracking and port data […]
Coal, Commodities, Power Markets
China mulls lifting coal ban as Aussie trade war backfires big
By David Llewellyn-Smith | Macrobusiness Increasing noise on possible policy reversal: Shanghai Metals Market (SMM) reported yesterday that the Chinese government was in the preliminary stages of lifting its informal ban on Australian coal imports, but that such a move would still need to be approved by senior leaders. There has been no official comment on the […]