Results for "Glencore"

Ivan Glasenberg has dedicated himself to reviving Lithuania's Jewish cultural memory, establishing a major museum at the site of his ancestral home.

Radiant World is suing Swiss commodity giant Glencore, alleging fraud and demanding significant compensation, highlighting ongoing tensions in international commodity trading.

Mining giant Glencore reports that the completion of key infrastructure at its Ontario nickel facility is bringing commercial production closer, supporting supply chain forecasts for the critical battery metal.

Electra has extended its cobalt supply agreement with Glencore, securing the partnership through 2031.

A consortium of investors, including an unnamed U.S. anchor investor, Kyma Capital Ltd., Trifon Natsis, and Glencore Ltd., has submitted a non-binding recapitalization proposal to Sherritt International Corp. This potential lifeline comes after U.S. sanctions against Cuba impacted the Canadian company.

Sherritt International's stock surged following news of a takeover bid from a consortium backed by Glencore.

Mining giant Glencore is struggling to maintain control over its key mines in Congo, as Kinshasa seeks to curb the power of foreign mining companies despite Glencore's exploding profits from the country's mineral resources.

Glencore has reported a significant jump in profits, driven by a booming trading division and record copper production. The company's energy trading profits were particularly boosted by the Iran war.

Glencore reportedly suspended its price risk limits in response to the significant disruption caused by war in the global oil markets.

Rio Tinto has reportedly put aside the possibility of a renewed bid from Glencore following a standstill agreement.

Glencore reported a significant increase in its trading profits, reaching $3.3 billion, with figures doubling due to the turmoil in the Middle East. The company's success is attributed to the volatility in oil markets caused by the ongoing regional conflict.

Glencore is recognized as a strategically important asset in the copper market, driven by the increasing demand from artificial intelligence and electrification industries.

Swiss commodity traders like Trafigura and Glencore are reportedly profiting significantly from the Iran war, with Trafigura achieving one of its best half-year results, though caution remains about potential crisis escalation.

Willy Strothotte, the former CEO of Glencore who famously ousted Marc Rich, has passed away at the age of 82. Strothotte was a pivotal figure in the history of the commodities giant.

Glencore has chosen Fidelity National Information Services (FIS) supply chain finance platform for a new $2.55 billion program, indicating a significant business partnership.

Commodities giant Glencore expects to see a boost in its trading activities as a result of the ongoing conflict in the Middle East.

Mining giant Glencore reported a 19% increase in its first-quarter copper output, with its marketing unit also on track to exceed targets.

Glencore has announced the acquisition of a 45% stake in an aluminium recycling facility located in South Carolina, expanding its presence in the recycling sector.

Commodity traders Glencore and Mercuria have reached an agreement to purchase additional liquefied natural gas (LNG) from Commonwealth. This deal signifies an expansion in their energy trading portfolios.

Glencore has reportedly raised hopes of reviving a potential deal with Rio Tinto, according to Reuters.

Unusual options activity suggests that 'smart money' is bullish on Rio Tinto stock, even after the collapse of a deal with Glencore.

Core Lithium has announced a deal to sell its Finniss stockpile to Glencore International.

Swiss firms like Glencore, Mercuria, and Vitol, based in Geneva and Zug, dominate the global trade of oil, metals, and grain. A commentary argues that their significant influence exposes Switzerland and makes it vulnerable, calling for greater transparency.

Glencore is reportedly close to selling its zinc mining business in Kazakhstan for approximately $4 billion, according to Bloomberg.

Rio Tinto Spotlights Growth Plans After Failed Glencore Megadeal Talks  The Wall Street Journal

Rio Tinto reported strong fourth-quarter results, surpassing non-GAAP EPS and revenue estimates.

Glencore Earnings Fall Despite Record Metal Trading Performance  The Wall Street Journal

Glencore reported a decline in earnings despite achieving a record performance in metal trading.

Glencore Earnings Fall Despite Record Metal Trading Performance  The Wall Street Journal

Glencore reported a decline in earnings, even as the company achieved a record performance in metal trading.

Glencore reported a decline in overall earnings, even as its metal trading division achieved a record performance.

Glencore Earnings Fall Despite Record Metal Trading Performance  The Wall Street Journal

Glencore Earnings Fall Despite Record Metal Trading Performance  The Wall Street Journal

Glencore reported a decline in earnings, even as the company achieved a record performance in metal trading.

Glencore reported a decline in earnings despite achieving record performance in metal trading, while its Congo copper mine secured a land deal to boost output.

Reports indicate that hardline bargaining strategies employed by Glencore could undermine the expected synergies and value creation from a proposed merger with Anglo American.

Leading financial institutions and commodity giants like Glencore are distancing themselves from the little-known iron ore trader following investigations into fraudulent invoicing practices.

Glencore Plc acquired warrants last year that would have given it a minority stake in Radiant World, an iron ore trader currently under scrutiny for allegedly providing falsified documents to banks.

The Democratic Republic of Congo, the world's poorest country and largest raw material Eldorado, is implementing a ban on the export of cobalt and copper concentrates, a move expected to hit the massive profits of Chinese companies, Switzerland's Glencore, and a Kazakhstani group.

Glencore Plc will launch a secondary listing in Australia as soon as October as the mining giant seeks to tap new investment in the nation’s fast-growing A$4.4 trillion ($3.1 trillion) pension system.

Glencore announced a significant increase in its first-half earnings and revealed plans to pursue a secondary listing on the Australian stock exchange.

Glencore has announced that it has taken a provision on its exposure to the trader Radiant World. This financial adjustment reflects the company's assessment of the risks associated with its dealings with the firm.

Vitol Group and Cargill Inc. have ceased trading with Radiant World, a major iron ore trader, while Glencore Plc is also halting new business, all due to concerns over fake invoices.

Glencore Plc announced that its trading division generated approximately $3.3 billion in profit during the first half of the year, positioning the company for one of its best trading years ever.

The Democratic Republic of Congo has sealed the offices of a Glencore unit as part of an ongoing tax dispute.

Glencore and Trafigura are reportedly set to invest in Merdeka's upcoming listing on the Hong Kong stock exchange.

Glencore has announced the resumption of operations and lifted force majeure at its Cerrejon coal mine.

AustralianSuper, a major superannuation fund, has expressed a positive outlook on the potential listing of Glencore on the Australian Securities Exchange (ASX).

Falcon Copper and Glencore are collaborating to enhance the United States' minerals supply chain. This partnership aims to boost the availability and security of critical minerals in the US.

Glencore's stock has seen a significant 120% increase over the past year, raising questions about its ability to maintain this performance and navigate potential impacts from the Iran war.

Glencore's chrome venture has provisionally approved a deal for cheaper power, which could impact its operational costs and profitability.

Ahead of earnings reports, Lynas, Glencore, and Rio Tinto have been highlighted as leading large-cap stock selections within the materials sector by SA Quant.

Glencore and the Canadian government are reportedly close to finalizing an agreement aimed at preserving a threatened copper facility.

Workers strike at Glencore's Australia refinery over pay dispute  Reuters

Glencore is reportedly supporting a Kazakh entrepreneur's acquisition of a 40% stake in Eurasian Resources.

Discovery has announced its acquisition of Glencore’s Kidd Operations.

A unit of Glencore is awaiting a new bunkering vessel while embroiled in a tax dispute with South African authorities.

Rio Tinto is highlighting its growth plans following the collapse of talks for a potential megadeal with Glencore, signaling a shift in strategy.

Rio Tinto's CEO has outlined the company's growth plans, following the collapse of potential deal talks with Glencore.

Rio Tinto has detailed its growth strategies following the collapse of megadeal discussions with Glencore.

Congo State Firm Strikes Deal to Sell Copper From Glencore Mine  Bloomberg.com

Glencore Earnings Fall Despite Record Metal Trading Performance  The Wall Street Journal

Glencore reported a decrease in overall earnings, even as its metal trading division achieved a record-breaking performance, indicating mixed results across its operations.

Glencore reported a decline in earnings, even as the company achieved a record performance in metal trading.

Glencore Earnings Fall Despite Record Metal Trading Performance  The Wall Street Journal

Glencore Earnings Fall Despite Record Metal Trading Performance  The Wall Street Journal

Glencore reported a decline in earnings despite achieving a record performance in metal trading, indicating challenges in other operational areas.

Glencore reported a decline in earnings, even as its metal trading division achieved record performance.

Glencore reported a decrease in overall earnings, even as its metal trading division achieved record performance.

Glencore reported a decline in earnings despite achieving a record performance in metal trading, indicating mixed financial results for the company.

Glencore reported a slide in profit, as a rally in copper prices was not enough to offset a significant slump in its coal business.

The proposed copper mine consolidation aims to deliver $1.4bn in annual profits, but ongoing negotiations with co-owner Glencore present significant hurdles to realizing projected synergies.

Singapore-based iron ore company Radiant has been battling liquidity squeeze

Singaporean commodity trader Radiant World is under suspicion for allegedly falsified documents, with the case extending to Zurich Cantonal Bank and commodity giant Glencore, shaking the commodity trading sector.

A consortium backed by Glencore is reportedly seeking to rescue Sherritt, North America's sole cobalt refinery, becoming the second major investor to show interest in gaining control.

Mining and commodity trading giant Glencore announced a significant financial performance, reporting a 49% rise in revenue for the first half of 2026.

Issuing depository receipts in Sydney will enable Australia’s mining investors to buy and sell its shares in a local wrapper

Glencore reported a significant increase in its first-half profit, primarily driven by the recent rally in oil prices.

Ahold Delhaize reported non-GAAP EPS of €0.63 and revenue of €23.2B, while Glencore reported non-GAAP EPS of $0.31 and revenue of $174.43B. Both companies reaffirmed their respective financial and production outlooks for fiscal year 2026.

Oil and diesel prices are high, creating a lucrative environment for trading businesses. The largest supply crisis in the oil market has proven to be highly profitable for companies like Shell and Glencore amidst the Iran war.

Austral Resources has announced the termination of its Anthill agreement with Glencore and Secover.

Congo's recent shift in cobalt quotas is making Glencore plc's battery recycling footprint more strategically important.

Lundin Gold signed a hydroelectric deal in Ecuador to power its Fruta del Norte mine, while Larvotto secured a seven-year gold offtake agreement with Glencore for Hillgrove gold.

Glencore's Annual General Meeting highlights discussions on copper growth and share buybacks, while also addressing looming safety and labor concerns.

Mining giant Glencore stated that a recent environmental ruling in Chile will have no immediate effect on its production operations in the country.

The UK's tax authority, HMRC, is reportedly at risk of losing a £1.5 billion tax dispute with the mining giant Glencore, with details of the case remaining confidential.

Glencore's trading division has achieved substantial profits, capitalizing on the instability and price fluctuations currently affecting global energy markets due to ongoing conflicts.

Reuters reports that EQT and Glencore have entered into long-term agreements for Liquefied Natural Gas (LNG) with Commonwealth.

EQT and Glencore have reportedly reached an agreement to purchase additional liquefied natural gas (LNG) from Commonwealth.

Following a ceasefire, Glencore and a Taiwanese refiner have reportedly booked tankers to load oil from the Middle East, indicating a resumption of oil logistics.

Centaurus has achieved a significant milestone at its Jaguar project by securing an offtake deal with Glencore, as announced at the ASX SMIDcaps Conference.

Glencore's Townsville refinery is facing a strike deadline after pay negotiations failed, potentially impacting operations at the facility.

Swiss group proposes to support Shakhmurat Mutalip, who is close to finalising deal for a stake in Eurasian Resources Group

Attorney General of the Federation and Minister of Justice, Prince Lateef Fagbemi, has been applauded for his aggressive asset recovery drive and successful negotiations, including a 50 million dollar deal with Glencore International A.G.

Glencore reported a decline in its overall earnings, even as its metal trading division achieved a record performance.

Tullow Oil has announced a refinancing transaction and a lock-up agreement with its noteholders and Glencore.

Basic Materials Roundup: Market Talk  The Wall Street Journal

Rio Tinto is highlighting its growth plans following the collapse of talks for a potential megadeal with Glencore.

Glencore announced plans to return $2 billion to shareholders, even as it reported lower full-year core earnings, and also finalized a significant land deal in Congo.

Glencore Earnings Fall Despite Record Metal Trading Performance  The Wall Street Journal

Glencore Earnings Fall Despite Record Metal Trading Performance  The Wall Street Journal

Glencore reported a decrease in overall earnings, even as its metal trading division achieved a record performance.

Glencore has reported a decline in earnings, even as its metal trading division achieved a record performance.

Glencore Earnings Fall Despite Record Metal Trading Performance  The Wall Street Journal

Glencore reported a decrease in earnings even as its metal trading performance reached a record high.

Glencore reported a decline in its overall earnings, even as the company achieved a record performance in its metal trading division.

Glencore reported a decline in overall earnings, even as its metal trading division achieved record performance, highlighting a mixed financial quarter for the commodities giant.

The basic materials sector is a subject of market discussions, with companies like Glencore reporting earnings that show a fall despite a second-half recovery.