In a world where combating climate change is becoming increasingly paramount, President Donald Trump’s decision to ramp up coal production in the U.S. presents both challenges and debates on a global scale. His recent executive orders supporting the coal industry underscore America's intent to uphold its energy traditions, despite their contentious nature.
Glencore Plc, a major player in the global coal market, has revealed plans to cut coal output at its Cerrejón mine in Colombia. This strategic move aims to address the ongoing challenges posed by falling market prices.
Australian company Whitehaven Coal $WHC.AX has reported a substantial increase in its coal output. In the July-September period, production soared by 92.7% compared to the same quarter last year. This significant growth was driven by strong performance at its mines in New South Wales and Queensland.
