thermal coal Tag

Anglo American has announced it will separate its South African coal assets into a new business later this year, amid growing calls to ditch the polluting commodity from its ESG-focused investor base. The demerged company, named Thungela Resources, will list on the Johannesburg and London stock...

BHP has become the latest mining giant to consider exiting thermal coal as climate change pressure from investors and activists continues to push companies away from polluting fossil fuels. According to unnamed sources familiar with the matter, BHP is looking at options to divest its thermal...

Glencore (LSE:GLEN) has made a move to divest a second Australian coal mine, along with its Japanese joint venture partners Itochu Corp and Sumitomo Corp. The forthcoming sale of its Rolleston mine is part of the multi-focused commodity giant’s reconsideration of how it deploys capital as...