Mining Weekly10h
Glencore’s steelmaking coal output up 165% y/y on the back of Elk Valley acquisition
Despite reporting lower production from own sources for most of the commodities it mines for the 2024 financial year, ...
Glencore’s M&A bind requires bold coal cleanup
Gary Nagle is facing a tricky situation. The Glencore CEO has a mix of copper mines, which everyone wants, and a giant coal ...
Sudbury Star22h
Glencore, Mine Mill continue talks in Sudbury; contract expires Feb. 1
A four-year contract between Glencore and Local 598 of the Mine, Mill and Smelter Workers’ Union, which represents 679 ...
Glencore-Indonesia JV Eyes $1 Billion Sustainability-Linked Loan
A joint venture between commodity trader Glencore Plc and Indonesia’s PT Chandra Asri Pacific is marketing a $1 billion ...
Rio Tinto And Glencore Test Investor Support For A Merger
A deal aimed at capturing a bigger slice of the metals market, the proposed $160 billion merger of Rio Tinto a Glencore ...
Glencore should give ground to seal a deal with Rio Tinto
If either side needs to compromise on the takeover price to get a transaction done, it’s Glencore that needs to make ...
Rio Tinto and Glencore Spoke for Months About Deal That Was Once Taboo
When Glencore Plc proposed a combination with Rio Tinto Group a decade ago, the larger company turned it down after just a ...
Glencore’s South Africa coal output drops 7% in 2024 due to rail capacity issues
For Glencore, energy coal production from South Africa in 2024 was lower by 1. 2 million tons compared to the previous year.