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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Glencore
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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Glencore produces more oil and less coal
Glencore’s Coal production of 103.3 million tonnes was 2.9 million tonnes (3%) lower than 2020, reflecting Prodeco’s care and maintenance
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Glencore’s highlights its metals and minerals marketing activities
Commodity markets generally performed well throughout the year, bolstered by a widespread economic recovery, following the pandemic’s severe economic impacts
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Metals Acquisition Corp to acquire CSA Mine from Glencore
Metals Acquisition Corp (MAC) and Glencore have entered into a binding agreement for the sale and purchase of Glencore’s CSA
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Glencore cooperates extensively to resolve investigations against company
As previously disclosed, Glencore is subject to a number of investigations by regulatory and enforcement authorities including the U.S. Department
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Glencore aligns its portfolio with materials for decarbonised future
Glencore in its Full Year 2021 Production Report says the operating environment remained challenging in 2021, with the Covid-19 pandemic
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Glencoe announces global marketing relationship with US strategic metals
Glencore has entered a strategic global marketing relationship with United States Strategic Metals, LLC. The marketing relationship includes a long
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Glencore aligns its portfolio with materials for decarbonised future
Glencore in its Full Year 2021 Production Report says the operating environment remained challenging in 2021, with the Covid-19 pandemic
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Glencore and Britishvolt agree to build battery recycling ecosystem
Glencore has entered an industry-leading battery recycling joint venture with strategic partner and battery pioneer Britishvolt, the UK’s foremost investor
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Glencore: The 2021 operating environment remained challenging
Glencore in its full year 2021 production report says that own sourced copper production of 1,195,700 tonnes was 62,400 tonnes
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Glencore & Managem partner for cobalt production from recycled batteries
Glencore and Managem are pleased to announce that they have entered into a partnership to produce Cobalt from recycled cobalt,
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Glencore completes acquisition of Cerrejón mine in Colombia
Glencore refers to its announcement of 28 June 2021, in which it announced its intention to acquire Anglo American’s and
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