Glencore, Peabody and Heeney Mull Coal Deals in Venezuela
The talks center on operational control and off-take rights as Venezuela seeks to revive production from a coal industry that mined 350,000 short tons in 2024.
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8 Articles
Now they go for coal Glencore and Peabody Energy are collaborating on a possible asset offer in the Venezuelan state of Zulia, the heart of the country's coal sector.
Discussions between Venezuelan companies and representatives have focused on the possibility of obtaining operational control and rights over the production of mines, rather than necessarily raising the acquisition of assets The post Bloomberg: Glencore, Peabody and Heeney Capital evaluate coal businesses in Venezuela appeared first on El Carabobeño.
Glencore, Peabody Energy and the investment firm Heeney Capital are evaluating agreements to produce coal in Venezuela, reported Bloomberg News Wednesday. Glencore and Peabody collaborate on a possible asset offer in Zulia state, while Heeney prepares a separate potential offer together with Drummond Co. mining company, with headquarters [...] The Glencore, Peabody and Heeney Capital Entry Evaluate Coal Agreements in Venezuela, reports Bloomberg…
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