A Russian arbitration court ruled on Monday that four units of Swiss commodities trader Glencore will pay more than 11.4 billion roubles, or some 114.8 million euros, worth of shares in a lawsuit filed by Sberbank, according to the court.

Monday, April 15, 2024 - 23:28:22

Visit: 48

Glencore Plc may consider switching its primary listing from London to New York, analysts at Deutsche Bank AG predicted, in what would be the most high-profile exit from the UK exchange to date.

Tuesday, April 2, 2024 - 19:40:44

Visit: 76

Activist investor Tribeca Investment Partners has called on Glencore to shift its primary listing from London to Sydney and abandon a plan to spin off its profitable coal business, the Financial Times reported on Wednesday.

Wednesday, March 13, 2024 - 22:23:06

Visit: 86

Core Lithium produced 49,529 tonnes (t) of spodumene concentrate during the first half of the 2023–24 financial year (H1 FY24), amid the global lithium downturn and the resignation of its chief executive officer (CEO).

Tuesday, March 12, 2024 - 21:21:21

Visit: 83

Nouveau Monde Graphite inked on Thursday multi-year offtake agreements with General Motors and Panasonic Holdings, with both companies also vowing to invest in the Canadian miner to help it produce high-quality graphite in North America.

Thursday, February 15, 2024 - 17:18:31

Visit: 100

Glencore said on Monday it will close and sell its stake in the loss-making Koniambo Nickel SAS business it co-owns in New Caledonia, as a sharp drop in the metal’s prices continues to hit the industry.

Monday, February 12, 2024 - 23:07:33

Visit: 111

Miner and trader Glencore on Thursday reported lower copper, nickel and cobalt production in 2023 and signalled a further decline in output this year.

Thursday, February 1, 2024 - 23:14:22

Visit: 103

Zambia is seeking to restructure a $1.5 billion debt owed by Mopani Copper Mines to Glencore, which arose from its acquisition of Mopani in 2021, state-owned mining firm ZCCM-Investment Holdings (ZCCM-IH) said on Friday.

Wednesday, January 31, 2024 - 22:54:17

Visit: 72

Mining News Pro - Vale Base Metals (VBM) is prioritizing a decision on whether to combine its nickel operations in Canada’s Sudbury basin with those of Glencore this year, a move that could reduce costs for both companies, its chairman said.

Thursday, January 11, 2024 - 14:33:12

Visit: 76

Mining News Pro - A Glencore-led consortium’s successful $9 billion bid for Teck Resources’ steelmaking coal unit could face tougher environmental clean-up obligations, as water pollution from the mines comes under increasing scrutiny in the US and Canada.

Thursday, December 14, 2023 - 23:41:32

Visit: 101

Mining News Pro - Glencore will publish an updated climate action transition plan in March 2024, it said on Wednesday, after some investors rejected its climate progress report and it agreed to buy Canadian miner Teck Resources’ steelmaking coal business.

Wednesday, December 13, 2023 - 01:12:06

Visit: 101

Mining News Pro - After having implemented autonomous drills, Glencore’s (LON: GLEN) Lomas Lab introduced a full set of autonomous haul trucks at the Lomas Bayas copper mine, located in the Antofagasta region of northern Chile.

Monday, December 11, 2023 - 22:15:03

Visit: 113

Mining News Pro - enCore Energy has officially become a uranium producer, with the restart of the South Texas Rosita in-situ uranium central processing plant.

Friday, December 1, 2023 - 20:39:58

Visit: 86

Mining News Pro - Depleting ore grades of cobalt deposits at Glencore’s Mutanda mine in Congo means the miner will produce up to 15% less a year of the battery metal, three sources with knowledge of the matter said.

Monday, November 27, 2023 - 22:15:44

Visit: 149

Mining News Pro - Glencore has decided to build a pilot project for an electric vehicle (EV) battery recycling plant outside of Italy, but still has its eye on the island of Sardinia for a larger facility, the Swiss mining group said on Thursday.

Thursday, November 23, 2023 - 22:38:14

Visit: 111

Mining News Pro - Canadian businessman Pierre Lassonde said on Wednesday that he is “mystified” by Teck Resources’ decision to sell its coal unit to a Glencore-led consortium for $9 billion because his group bid the same price.

Thursday, November 16, 2023 - 18:27:57

Visit: 187

Mining News Pro - As Glencore prepares for the long grind to convince Canada of the virtues of the Swiss trader-led consortium’s $9 billion bid for Teck Resources’ coal unit, investors and lawyers are optimistic about the deal approval despite the government’s increased scrutiny of foreign investments.

Thursday, November 16, 2023 - 18:26:02

Visit: 125

Mining News Pro - Glencore is moving ahead with plans to spin-off its profitable but polluting thermal coal business after clinching on Tuesday a $9 billion deal for the coal division of Canada’s Teck Resources.

Thursday, November 16, 2023 - 18:24:23

Visit: 101

Mining News Pro - Teck Resources has come full circle: After a tumultuous seven months kicked off by an unsolicited takeover offer from Glencore Plc that sent the Canadian firm’s stock soaring, its shares are now back where they began.

Thursday, October 26, 2023 - 14:56:15

Visit: 132

Mining News Pro - Miner and trader Glencore is set to close its three underground copper mines in Mount Isa by the end of 2025, in a move that will result in the loss of about 1,000 jobs, newspaper Australian Financial Review reported on Tuesday.

Wednesday, October 18, 2023 - 19:49:52

Visit: 272

Mining News Pro - Canada and the province of Ontario will give up to C$1 billion to a unit of Belgium’s Umicore to help it build a plant that will produce components for electric vehicle batteries, Ottawa said on Monday.

Tuesday, October 17, 2023 - 22:39:38

Visit: 183

Mining News Pro - Miner and trader Glencore is set to close its three underground copper mines in Mount Isa by the end of 2025, in a move that will result in the loss of about 1,000 jobs, newspaper Australian Financial Review reported on Tuesday.

Tuesday, October 17, 2023 - 22:26:35

Visit: 137

Mining News Pro - Glencore Plc may look at alternative options for a recycling hub in Europe for electric car batteries after the Italian region of Sardinia rejected a fast-track approval process for its pilot project, the mining company said.

Tuesday, October 3, 2023 - 21:02:35

Visit: 183

Mining News Pro - Shares in Core Lithium jumped more than 25% on Friday, set for their best day since January 2021 after the miner posted its maiden profitable annual results.

Friday, September 29, 2023 - 22:07:53

Visit: 126

Mining News Pro - A $1 billion metals deal by blank-cheque fund ACG Acquisition Co has been terminated following delays when the different sides, which included a leading global miner and top automakers as anchor investors, tried to revise it, ACG said on Thursday.

Friday, September 29, 2023 - 22:04:11

Visit: 197