Glencore

GLENCORE NEWSROOM (7 press releases)

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Glencore: Glencore-QIA Consortium’s 14.16% stake in Rosneft sold to QIA; Consortium arrangements terminated

PRESS RELEASE -- 12, September 2018

BASEL, 12-Sep-2018 — /EuropaWire/ — Glencore refers to the announcement on 4 May 2018 concerning the Consortium’s agreement to sell a 14.16% stake in Rosneft to a wholly owned subsidiary of QIA. This transaction has now completed. As a result of … Read the full press release

Rio Tinto completes sale of remaining coal assets in Queensland, Australia for $3.95 billion

PRESS RELEASE -- 3, August 2018

LONDON, 03-Aug-2018 — /EuropaWire/ — Rio Tinto has completed the sale of its remaining coal assets in Queensland, Australia, for $3.95 billion. The transactions include the sale of Rio Tinto’s interests in the Hail Creek coal mine and Valeria coal … Read the full press release

Glencore Energy to acquire 78% of ALE Combustíveis (ALE), the 4th largest fuel distributor in Brazil

PRESS RELEASE -- 2, July 2018

São Paulo, Brazil, 02-Jul-2018 — /EuropaWire/ — Glencore Energy (Glencore), through its subsidiary in Brazil, has signed an agreement to acquire 78% of ALE Combustíveis (ALE). Completion of the transaction is subject to the approval of CADE (Administrative Council for Economic … Read the full press release

Glencore acquires 49% interest in the Hunter Valley Operations (HVO) coal mine in NSW, Australia

PRESS RELEASE -- 7, May 2018

BAAR, 07-May-2018 — /EuropaWire/ — Glencore has completed the acquisition of a 49% interest in the Hunter Valley Operations (HVO) coal mine in NSW, following the receipt of regulatory approvals. The HVO Joint Venture (JV) with Yancoal, which owns a 51% … Read the full press release

Glencore-QIA Consortium: proposed sale of stake in Rosneft to CEFC China Energy Company Limited will no longer proceed

PRESS RELEASE -- 7, May 2018

BAAR, 07-May-2018 — /EuropaWire/ — Glencore refers to the announcement on 16 October 2017 concerning the Consortium’s agreement to sell to CEFC China Energy Company Limited a 14.16% stake in Rosneft. The Consortium has today sent a notice to CEFC to … Read the full press release

Rio Tinto to sell its entire interests in Hail Creek coal mine and Valeria coal development project in Australia to Glencore

PRESS RELEASE -- 22, March 2018

LONDON, 22-Mar-2018 — /EuropaWire/ — Rio Tinto has entered into a binding agreement with Glencore for the sale of its entire interests in the Hail Creek coal mine and the Valeria coal development project in Queensland, Australia, for $1.7 billion. The … Read the full press release

Glencore plc completes the sale of 51% interest in HG Storage International Limited (HGSI) to HNA Innovation Finance Group Co., Limited

PRESS RELEASE -- 3, January 2018

Baar, Switzerland, 03-Jan-2018 — /EuropaWire/ — Glencore plc (Glencore) is pleased to announce it has completed the sale of a 51% interest in HG Storage International Limited (HGSI) to HNA Innovation Finance Group Co., Limited (HNA), a transaction which was announced … Read the full press release