GLENCORE said on Tuesday it would cut production from its Cerrejon coal mine in an effort to arrest a decline in the fuel's price. The group will produce between five to 10 million tons less coal than previously expected at Cerrejon which will produce between 11 to 16 million tons this year. "The rationale for [...] The post Glencore cuts Cerrejon coal in effort to bolster prices appeared first on Miningmx.
Glencore is a Switzerland-based company that provides natural resource exploration, acquisition and logistics services for the automotive, steel and food processing industries.