danielravennest
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Coal Miner shifting to mining metals for batteries
I think they see the way the world is heading, and are preparing to stay in business when coal goes away.Glencore is the world's largest exporter of thermal coal, the kind burned in power plants and a major contributor to planet-warming carbon emissions. The multinational miner on Wednesday said it will broadly limit its capacity to produce coal to current levels, or about 150 million tons per year.
The company instead plans to put capital to work churning out more copper, cobalt, nickel, vanadium and zinc, commodities that are used in electric vehicle batteries and other technologies that underpin the shift to a cleaner energy and transportation future.




















