Thursday 11 December 2014

Otmane El Rhazi : Tighter coal market in sight – Glencore

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



A natural tightening of the coal market as a result of demand catching up with supply will happen in the near future, says Glencore Coal CEO Peter Freyberg. Freyberg, who was addressing Glencore’s investor day, made the point that coal is not in the same over-supply situation as iron-ore and that thermal coal is heading towards a supply deficit.

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