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Wambo JV and Mt Owen projects to deliver Glencore value: Glasenberg

GLENCORE’s organic re-investment strategy at its Mt Owen coal mine extension and United Wambo open cut coal joint venture projects in New South Wales would add value to the company in a capital efficient manner, according to CEO Ivan Glasenberg.

Lou Caruana
Glencore CEO Ivan Glasenberg

Glencore CEO Ivan Glasenberg

Glencore is a leading producer of “Tier 1” commodities like thermal coal, the outlook for which is underpinned by persistent supply challenges and robust demand, he told an analysts’ presentation. “Glencore...

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