carbonzulia

📊 What Bloomberg put on the table
Glencore, Peabody Energy, and the investment firm Heeney Capital are considering moving aggressively into Venezuelan coal production. According to Bloomberg, Glencore and Peabody are moving together on a possible offer for assets located in the Zulia state, while Heeney prepares its own move alongside Drummond Co., the Alabama-based miner. None of the companies wanted to expand on details, and everything is based on sources close to the talks.