Glencore

GLENCORE NEWSROOM (48 press releases)

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Shell Streamlines Business with Strategic Divestment in Singapore Energy Hub

PRESS RELEASE -- 2, April 2025

(IN BRIEF) Shell Singapore Pte Ltd has finalized the sale of its Energy and Chemicals Park to CAPGC Pte. Ltd., through the sale of shares in Aster Chemicals and Energy Pte. Ltd. This move supports Shell’s strategy to refine its … Read the full press release

Glencore Retains Coal and Carbon Steel Materials Business After Positive Shareholder Feedback

PRESS RELEASE -- 8, August 2024

(IN BRIEF) Glencore initially proposed the demerger of its coal and carbon steel materials business following positive feedback during its acquisition approach to Teck in early 2023. However, evolving shareholder views on ESG and increased support for Glencore’s climate strategy … Read the full press release

Glencore Releases 2023 Sustainability Report Highlighting Commitment to ESG Principles

PRESS RELEASE -- 17, May 2024

(IN BRIEF) Glencore plc unveiled its 2023 Sustainability Report, emphasizing its dedication to environmental, social, and governance (ESG) principles. The report outlines the company’s progress in various sustainability-related areas, including its approach, performance, and activities throughout the year. Case studies … Read the full press release

Glencore PLC Implements Care and Maintenance Plan for Koniambo Nickel SAS

PRESS RELEASE -- 12, February 2024

(IN BRIEF) The shareholders of Koniambo Nickel SAS (KNS), including Société Minière du Sud Pacifique SA (SMSP) and Glencore plc, have decided to transition KNS into care and maintenance due to high operating costs and weak nickel market conditions. Glencore … Read the full press release

Hydro Completes $1.11 Billion Sale of Stake in Brazilian Alumina Refinery and Bauxite Producer

PRESS RELEASE -- 3, December 2023

(IN BRIEF) Norwegian aluminum company Hydro has successfully concluded a $1.11 billion transaction involving the sale of a 30% interest in the Brazilian alumina refinery, Hydro Alunorte, as well as Hydro’s 5% stake in bauxite producer Mineracão Rio do Norte … Read the full press release

Teck Resources to Exit Elk Valley in Landmark $6.93 Billion Deal with Glencore, Reshaping Canadian Mining

PRESS RELEASE -- 14, November 2023

(IN BRIEF) Glencore is set to purchase a 77% effective interest in Teck Resources Limited’s steelmaking coal business, Elk Valley Resources (EVR), for $6.93 billion in cash. The deal includes NSC’s and POSCO’s interests in EVR. Upon completion, EVR will … Read the full press release

Glencore Reports 2023 Q3 Production: Adjusts Nickel and Ferrochrome Forecasts Amidst Challenges

PRESS RELEASE -- 31, October 2023

(IN BRIEF) Glencore, a global mining and commodities company, released its Third Quarter 2023 Production Report. The report highlights the company’s performance over the first nine months of the year, emphasizing that copper, coal, and zinc assets met expectations and … Read the full press release

Glencore to Acquire Majority Stake in Argentina’s MARA Project from Pan American in $475 Million Deal

PRESS RELEASE -- 1, August 2023

(IN BRIEF) Glencore International AG (Glencore) and Pan American Silver Corp. have agreed for Glencore to acquire the 56.25% stake in the MARA Project located in Argentina from Pan American. The deal involves Glencore paying $475 million in cash and … Read the full press release

Glencore Completes Sale of Cobar Copper Mine to Metals Acquisition Corp

PRESS RELEASE -- 16, June 2023

(IN BRIEF) Glencore, a global mining and commodities trading company, has completed the sale of its 100% interest in Cobar Management Pty Ltd (CMPL), the owner of the Cobar copper mine in New South Wales, Australia, to Metals Acquisition Corp … Read the full press release

Glencore plc Releases 2022 Sustainability Report, Demonstrating Commitment to ESG Initiatives

PRESS RELEASE -- 22, May 2023

(IN BRIEF) Glencore plc has released its 2022 Sustainability Report, which is now available on its website. The report encompasses the company’s environmental, social, and governance (ESG) initiatives and aligns with global reporting standards and principles. It focuses on material … Read the full press release

Glencore joins Alunorte, MRN joint ventures with Hydro after stake acquisition

PRESS RELEASE -- 27, April 2023

(IN BRIEF) Glencore has agreed to acquire a 30% stake in Alunorte and a 45% stake in Mineracão Rio do Norte from Norsk Hydro for a combined equity value of approximately USD 775 million. Completion of the transaction is expected … Read the full press release

Glencore updates on its AGM climate vote shareholder consultations

PRESS RELEASE -- 28, October 2022

(PRESS RELEASE) BAAR, 28-Oct-2022 — /EuropaWire/ — Glencore (LON: GLEN), an Anglo-Swiss multinational commodity trading and mining company, has announced an update on its AGM climate vote shareholder consultation as well as the views received and actions taken. Earlier this … Read the full press release

Glencore actualiza sus consultas de accionistas sobre el voto climático de la Junta General de Accionistas

PRESS RELEASE -- 28, October 2022

(COMUNICADO DE PRENSA) BAAR, 28-Oct-2022 — /EuropaWire/ — Glencore (LON: GLEN), una multinacional anglo-suiza de minería y comercio de materias primas ha anunciado una actualización de su consulta de accionistas sobre el voto climático de la Junta General de Accionistas, … Read the full press release

Liz Hewitt appointed Independent Non-Executive Director at Glencore plc

PRESS RELEASE -- 18, July 2022

(PRESS RELEASE) BAAR, 18-Jul-2022 — /EuropaWire/ — Glencore (LON: GLEN), an Anglo-Swiss multinational commodity trading and mining company, has announced that Liz Hewitt has been appointed as an Independent Non-Executive Director at the company with effect as of 18 July … Read the full press release

Liz Hewitt nommée administrateur non exécutif indépendant de Glencore plc

PRESS RELEASE -- 18, July 2022

(COMMUNIQUÉ DE PRESSE) BAAR, 18-Jul-2022 — /EuropaWire/ — Glencore (LON : GLEN), une multinationale anglo-suisse spécialisée dans le commerce et l’exploitation de matières premières société, a annoncé que Liz Hewitt a été nommée administratrice indépendante non exécutive de la société avec … Read the full press release

Glencore and Britishvolt to establish battery recycling joint venture

PRESS RELEASE -- 3, February 2022

(PRESS RELEASE) BAAR, 3-Feb-2022 — /EuropaWire/ — Glencore (LON: GLEN), an Anglo-Swiss multinational commodity trading and mining company, has announced that the company has established a new joint venture with main focus on battery recycling with Britishvolt, UK’s leading investor … Read the full press release

Glencore y Britishvolt establecerán empresa conjunta de reciclaje de baterías

PRESS RELEASE -- 3, February 2022

(COMUNICADO DE PRENSA) BAAR, 3-Feb-2022 — /EuropaWire/ — Glencore (LON: GLEN), una multinacional anglo-suiza de minería y comercio de materias primas ha anunciado que ha establecido una nueva empresa conjunta centrada principalmente en el reciclaje de baterías con Britishvolt, el … Read the full press release

Glencore welcomes Kalidas Madhavpeddi to its Board of Directors

PRESS RELEASE -- 4, February 2020

(PRESS RELEASE) BAAR, Switzerland, 4-Feb-2020 — /EuropaWire/ — Glencore appoints Kalidas Madhavpeddi as an Independent Non-Executive Director, effective immediately. Kalidas has more than 30 years of experience in the international mining industry, including most recently as the CEO of China … Read the full press release

Glencore: incidents and fatalities not linked to Kamoto Copper Company operations or activities in Kolwezi, DRC

PRESS RELEASE -- 28, June 2019

Glencore: incidents and fatalities not linked to Kamoto Copper Company operations or activities in Kolwezi, DRC
(PRESS RELEASE) BAAR, 28-Jun-2019 — /EuropaWire/ — Glencore‘s subsidiary Kamoto Copper Company (KCC) is not connected to the incidents and the fatalities of illegal artisanal miners across its industrial mining concessions in the Kolwezi area, Democratic Republic of the Congo. … Read the full press release

Glencore will cooperate with the United States Commodity Futures Trading Commission on their investigation

PRESS RELEASE -- 26, April 2019

(PRESS RELEASE) BAAR, 26-Apr-2019 — /EuropaWire/ — Glencore has announced it has been notified by the United States Commodity Futures Trading Commission (“CFTC”) about an investigation they are going to carry out in regard to possible violation of certain provisions … Read the full press release