Glencore, a major global mining company, is facing pressure from investors to retain its coal assets following the recent Teck deal. The company had previously announced plans to spin off its coal business, but the new development has prompted some shareholders to advocate for maintaining the coal division within Glencore.
The Teck deal, which involved Glencore selling its stake in a Colombian coal mine to Teck Resources, was seen as a step towards reducing the company's exposure to coal. However, some investors believe that coal still plays a significant role in Glencore's portfolio and should not be completely divested.
