Glencore follows other major miners in proposed separation of thermal coal from other operations

Teck Resources describes itself as Canada's largest diversified mining company. Picture from Teck Resources

AFTER declaring it would continue to produce thermal coal for decades to come, mining giant Glencore is looking to put its Hunter mines into a new company that would arise out of a proposed merger with Canadian mining company Teck Resources.

The proposal to split Glencore into separate "MetalsCo" and "CoalCo" companies comes after Glencore had previously taken a different stance to other big miners including BHP and Rio Tinto, who had moved to get out of thermal coal as the climate change related pressures on the sector began to mount.