Mining giant Glencore to cap production over climate change concerns

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Australia's largest coal producer Glencore has announced production will be frozen at current levels to help address investors climate change concerns. The Swiss-based company says it will be 'resilient' to all risks related to climate change following climate talks with a group of investors which controls around $45 trillion worth of assets worldwide. Glencore also says it will abandon the pursuit of large coal acquisitions in the future. Image: News Corp Australia Read More Our Apps