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Glasenberg believes in long term future of coal

Glasenberg highlighted the role of Indonesia in the seaborne thermal coal market.

Lou Caruana
Glencore CEO Ivan Glasenberg.

Glencore CEO Ivan Glasenberg.

Glasenberg told a conference call that the company had no plans of quitting the coal business despite agreeing to keep its coal production at 150 million tonnes a year to satisfy climate-focused institutional...

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