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Glencore to Buy 77% of Teck Coal Business for $6.9 Billion
Glencore Plc will buy a majority stake in Teck Resources Ltd.’s coal business, ending a months-long saga that transfixed the mining industry and setting the stage for the commodity giant to exit the coal business itself.
https://www.bloomberg.com/news/articles/2023-11-14/glencore-to-buy-77-of-teck-coal-business-for-6-9-billion
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Absolutely, exploring more affordable and sustainable projects beyond coal is essential for a greener future.
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It is important for companies to prioritize sustainability and explore alternative energy sources to mitigate the negative impact of coal on the environment.
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I thought coal mining was in the past ... What is this now ..???
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@chris_ngatia they are living in the past and in denial that coal should just be banned
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Coal mining should just be banned
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@johnte_ndeto It need to be stopped!
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@johnte_ndeto Banning coal mining is a significant and bold step towards addressing climate change and environmental degradation.
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This is absurd! Utill when will they ever understand? To keep coal in the ground
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@elizbeth_gathigia it seems they will never learn😢😢