Tag: Glencore
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Glencore to acquire stake at Colombia’s Cerrejon coal mine
Glencore is set to buy the entire 66% stake in Colombia’s Cerrejon mine, held by BHP and Anglo American, by the first half of 2022 for $230 million. Though the mining major aims to become a net-zero emission company by 2050, owning the mine is unlikely to compromise its climate commitments, a statement by Glencore…