Glencore completes changing of the guard
The changes are part of a wider shake-up for the Swiss-based commodities company. Keystone / Urs Flueeler
Glencore’s top coal trader is to depart, completing a change of the old guard at the top of world’s most powerful commodity trader.
This content was published on March 16, 2021 - 09:01
March 16, 2021 - 09:01
Neil Hume, The Financial Times
Tor Peterson will leave the Swiss-based company later this year along with two of the candidates who lost out in the race to succeed Ivan Glasenberg as chief executive: Kenny Ives, the head of nickel trading, and his opposite number in copper, Nico Paraskevas.
Global Coal, Lignite, and Anthracite Market Report 2021-2030: Increasing Share of Coal in Power Generation to Drive the Market
March 16, 2021 08:08 ET | Source: Research and Markets Research and Markets Dublin, IRELAND
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The global coal, lignite, and anthracite market is expected to grow from $1028.32 billion in 2020 to $1151.8 billion in 2021 at a compound annual growth rate (CAGR) of 12%.
Major companies in the coal, lignite, and anthracite market include Coal India Limited; ShenHua Group; BHP Billiton Ltd; China Coal Energy Co Ltd and Anglo American plc.
The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1438.49 bil
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Date: 27 May 2021
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