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Glencore, Peabody and Heeney Mull Coal Deals in Venezuela
Source: Bloomberg
Commodities & Raw MaterialsEnergy Markets & PricesGeopolitics & WarTrade Policy & Supply ChainInfrastructure & Defense
Glencore, Peabody Energy and Heeney Capital are considering coal-production deals in Venezuela, extending the Trump administration's effort to have US-allied companies develop Venezuelan resources beyond oil. The potential investments could create new supply and export opportunities for Venezuelan coal, though no deal values, production volumes or timelines were disclosed.
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