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Glencore to consult investors on coal spinoff after Teck deal

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COAL
Glencore will start consulting with shareholders on the future of its coal business as soon as its deal to buy Teck Resources’ mines closes later this year. Crucially, Glencore said that should the majority of shareholders support keeping its coal mines, the company will not proceed with a vote.
 
 
 
 
 

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