Glencore Commits to Capping Coal Production, an Industrial Info Market Brief

Mining giant Glencore announced Wednesday that it will cap coal production at around current levels as part of its commitment to transition to a low-carbon economy. The company produced 129.4 million metric tons of coal in 2018. Glencore operates 24 coal mines on three continents and is developing half a billion dollars' worth of coal mining projects, including several grassroot mines in Australia and South Africa, according to Industrial Info's Global Market Intelligence Platform.