Glencore highlights its results in 2023 Half-Year Report
Baar, Switzerland: Glencore in its 2023 Half Year Report says the strength of our diversified business model across industrial and
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Glencore
Glencore becomes to sole owner of MARA Project
Glencore International AG (Glencore) and Pan American Silver Corp. (Pan American) have announced they have reached an agreement for Glencore
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Glencore’s produces less copper, zinc, nickel, silver and coal in H1 2023
Mining and metals giant Glencore has announced Friday that in H1 2023, its own sourced copper production was 488,000 tonnes,
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Neometals signs vanadium offtake with Glencore
Neometals has announced it signed an offtake with Glencore. Glencore will purchase and take delivery of all saleable vanadium bearing
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Glencore closes sale of Cobar Mine
Glencore and Metals Acquisition Corp (MAC) (NYSE: MTAL) have today closed the sale and purchase of Glencore’s 100% interest in
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Glencore and Li-Cycle to develop a metallurgical recycling hub
Glencore International AG, a wholly owned subsidiary of Glencore plc, a leading producer, recycler, and marketer of nickel and cobalt
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Glencore acquires stakes in Mineracão and Alunorte from Norsk Hydro
Glencore is pleased to announce that it has reached a binding agreement with Norsk Hydro ASA (“Hydro”), one of the
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Response to Teck’s withdrawal of its separation proposal
Glencore notes the decision by Teck to withdraw its separation proposal and its recognition that a simple and direct approach
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GLENCORE: Q1 production of copper, zinc, nickel, silver, coal is down
Glencore announced yesterday that in Q1 2023, its own sourced copper production was 244,100 tonnes, 5% lower than Q1 2022,
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Glencore, FCC, Iberdrola to provide lithium-ion battery solutions
Glencore, FCC Ámbito and Iberdrola are pleased to announce their intention to partner to provide lithium-ion battery recycling solutions at
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Glencore replies to Teck, proposes modifications of coal business
Glencore plc (“Glencore”) announces that it has submitted a reply to the letter from the Board of Directors of Teck
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CEO, Gary Nagle says Glencore generated record profits
Glencore’s Chief Executive Officer, Gary Nagle, commented: “The global pandemic, recovery from it and years of underinvestment, followed by conflict
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ACE Green Recycling signs metal offtake agreement with Glencore
ACE Green Recycling (ACE), a global recycling technology and supply chain platform, and Glencore, one of the world’s largest natural resources
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Glencore reaches agreement with the DRC over corruption
Glencore has reached an agreement with the Democratic Republic of Congo (“DRC”) covering all present and future claims arising from
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Glencore to co-acquire Cobar copper mine for US$1.1 billion
Glencore and Metals Acquisition Corp (MAC) have entered into a binding amendment agreement, amending terms announced on 17 March 2022, for the sale
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Glencore blames war, weather and industrial action for changed guidance
Operational performance over the third quarter was impacted by a range of events including extreme weather in Australia, industrial action at
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Glencore Energy is fined for bribes by UK Serious Fraud Office
Glencore Energy UK Limited will pay a financial penalty and costs of £280,965,092.95 in respect of the previously announced resolution of the UK
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Glencore to acquire Newmont’s shareholding in the MARA Project
Glencore International AG (GIAG) and Newmont Corporation have announced they have reached an agreement in which Glencore will acquire Newmont’s
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Glencore enters alumina supply and aluminium offtake agreements
Glencore has announced that it entered into a 10-year alumina supply and aluminium offtake agreements with Press Metal Bintulu Sdn.
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Energy market volatility and high prices drive Glencore’s record H1 earnings
Elevated energy market dislocation, volatility, risk and supply disruption, led to record prices for many coal and gas benchmarks and
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GLENCORE: mixed results for half-year 2022
In Glencore’s Half-Year Production Report 2022, Chief Executive Officer, Gary Nagle wrote: “Overall production was mixed period-over-period (5 commodities up
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Glencore expects more normal commodity market conditions
Glencore industrial coal portfolio produces various quality specifications in three countries, destined primarily for seaborne thermal markets, but also for
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Glencore reaches coordinated resolutions with US, UK and Brazilian authorities
Glencore has resolved the previously disclosed investigations by authorities in the United States, the United Kingdom and Brazil into past
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Glencore and Li-Cycle to advance lithium-ion battery recycling
Glencore has announced the establishment of a strategic partnership with Li-Cycle Holdings Corp., a leading lithium-ion battery recycler in North
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Glencore: nickel, coal production higher; copper, ferrochrome down
Glencore, in its First Quarter 2022 Production Report, says its own sourced copper production of 257,800 tonnes was 43,400 tonnes
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Glencore and General Motors enter cobalt supply agreement
Glencore and General Motors Co. have announced a multi-year sourcing agreement in which Glencore will supply GM with cobalt from
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Glencore says ferrochrome recovered to pre-pandemic levels
Ferrochrome supply from South Africa, India and Europe recovered to pre-pandemic levels, resulting in global production growth of 15%year-on-year. This
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Glencore: Zinc driven by strong recovery in global demand
The zinc market recorded a deficit in 2021, driven by strong recovery in global demand (+6%), combined with production disruptions
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Glencore reports on Cobalt industry
2021 started strongly from a demand and pricing perspective, with positive momentum in Chinese and European EV demand and a
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Glencore’s copper production was 1.2 mt, 5% lower than 2020
Starting the year below $8,000/t, copper prices set a record high of $10,748/t in May, basis improved physical demand conditions,
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