MILAN (Reuters) – 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 …
glencore
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Business News
Teck CEO says mulls partial sale of coal unit as Glencore circles
by Reutersby ReutersBy Arunima Kumar and Divya Rajagopal (Reuters) -The CEO of Teck Resources Ltd said on Thursday that the Canadian miner is considering a range of proposals including a partial sale …
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(Reuters) – Glencore Plc said on Monday it had proposed to buy the remaining stake in copper miner PolyMet Mining it does not already own for about $71 million. The …
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Business News
Buying Teck’s coal unit as a standalone a ‘distant second’ for Glencore – CEO
by Reutersby ReutersLONDON (Reuters) – Buying Teck Resources’ coal business as a standalone unit is a “distant second” for Glencore and Teck should not leave out the Swiss miner if it keeps …
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(Reuters) – Battery recycler Li-Cycle Holdings Corp said on Tuesday it planned to develop a recycling hub in Italy along with Swiss miner and commodity trader Glencore Plc to produce …
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Business News
Glencore sentenced to pay $700 million in US after bribery guilty plea
by Reutersby ReutersBy Luc Cohen NEW YORK (Reuters) – A U.S. judge on Tuesday ordered Glencore Plc to pay $700 million in connection with its guilty plea over a decade-long scheme to …
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By Mahamat Ramadane N’DJAMENA (Reuters) -Chad has reached an agreement with its creditors, including Swiss commodities trader Glencore, paving the way for more funding from the International Monetary Fund, but …
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US and World News
Glencore cuts zinc output guidance after production drops 18% in nine months
by Reutersby ReutersLONDON (Reuters) – Glencore produced 18% less zinc in the first nine months compared with the same period a year before, the company said on Friday as it trimmed its …
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US and World News
Glencore set for record 2022 trading profit despite second-half fall
by Reutersby ReutersLONDON (Reuters) – Glencore expects second-half operating profit at its trading arm to fall sharply from the previous six months to $1.6 billion, it said on Friday, but it remains …
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Financial News
Glencore cuts ties with Chinese trader caught up in scandal over missing copper -FT
by Reutersby Reuters(Reuters) – Switzerland-based Glencore Plc and other major traders have stopped supplying Chinese metals merchant Huludao Ruisheng over a brewing scandal about missing copper inventories in the port of Qinhuangdao, …
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Financial News
At Australia mine, Glencore balances reforestation drive, coal profit
by Reutersby ReutersBy Praveen Menon HUNTER VALLEY, Australia – At Glencore’s aging Mt Owen open-cut coal mines north of Sydney, a team of scientists and engineers is restoring woodlands to mined-out fields, …
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Department of Justice Press Releases
Glencore Entered Guilty Pleas To Foreign Bribery And Market Manipulation Conspiracies
by DOJ Pressby DOJ PressMerrick B. Garland, the United States Attorney General, Damian Williams, the United States Attorney for the Southern District of New York, Kenneth A. Polite, Jr., Assistant Attorney General of the …
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Financial News
Britishvolt kicks off funding round with $54 million from Glencore
by Reutersby ReutersBy Nick Carey LONDON – Electric vehicle (EV) battery startup Britishvolt said on Tuesday it will launch a Series C funding round with a starting investment of 40 million pounds …
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Business News
Gavilon deal to make Glencore major soy exporter in Brazil with larger U.S. foothold
by Reutersby ReutersBy Karl Plume – Global commodities merchant Glencore Plc took a major step this week to becoming a greater force in the international food chain with a deal to buy …