Xstrata-Glencore Merger Not a Threat to Coal Buyers
Reuters reported that the merger of Xstrata (LSE:XTA) and Glencore (LSE:GLEN) will only make their long-time collaboration more formal.
Articles Tagged "lse:glen"
Shanduka Group Increases Stake in Coal Venture
Bloomberg reported that Glencore (LSE:GLEN) sold a stake of Shanduka Coal to the Shanduka Group for $85 million.
2011 Coal Market Trends
While 2011 was not as radiant as its long term coal projections, both thermal and coking coal markets saw consistent production and consumption growth.
Glencore Reports Record Quarterly Coal Output
Bloomberg reported higher thermal coal output from Glencore (LSE:GLEN).
Glencore to Buy Mercuria Stake in Coal Miner
Reuters reported that Glencore (LSE:GLEN) is bidding to acquire a 15% stake in Optimum Coal Holdings (JSE:OPT) from Mercuria.
