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Glencore to reveal decision on coal demerger next week
By Frank Prenesti
Date: Tuesday 30 Jul 2024
(Sharecast News) - Commodities miner and trader Glencore held annual production guidance and said it would reveal whether a planned demerger of its coal and carbon steel assets would go ahead at interim results next week.
The company lifted coal guidance to reflect the acquisition of Teck Resources' steelmaking coal unit.
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