Glencore cuts thermal coal guidance amid price pressure
Thermal coal prices fell in 2024 as global energy markets continued to normalise from the supply issues caused by geopolitical conflict
30 April 2025 - 11:17
Diversified miner Glencore has narrowed its full-year coal production guidance, reflecting concern about the outlook for seaborn thermal coal prices.
The price of coal has slumped by nearly a quarter since the start of the year as trade wars, policy uncertainty and investment in renewable energy weigh on demand...
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