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Glencore caps coal production at 150 Mtpa
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Report summary
Glencore has announced it will cap coal production at "broadly current levels" and prioritise capital investment in areas other than coal. The commitment was part of a statement outlining steps it would take in support of the Paris Agreement and the transition to a lower carbon future including reducing Scope 3 emissions intensity. Read this report to understand what this means for Glencore's future production profile and why this might point towards future market tightness for premium thermal coal.
Table of contents
- No real impact to Glencore's production profile however the move points to premium thermal coal tightness
Tables and charts
This report includes the following images and tables:
- Glencore coal production profile
What's included
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