Photographer: Michele Tantussi/Bloomberg

Coal Problems Being Made Worse by Global Slowdown, Glencore Says

  • Economic slowdown compounding surplus: Glencore's coal head
  • Thermal coal price dropped to lowest in eight years in April

The slowdown across global economies is exacerbating a coal glut that’s driven prices for the fuel to the lowest level in eight years, according to Glencore Plc.

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