Glencore

GLENCORE NEWSROOM (48 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

Record 12,000 tonne shipment of beans at ABP’s Port of Ipswich

PRESS RELEASE -- 24, October 2017

LONDON, 24-Oct-2017 — /EuropaWire/ — ABP’s Port of Ipswich has reported handling a record 12,000 tonne shipment of beans for its customer Glencore Agriculture UK, supporting local farmers and confirming its place as the UK’s number one agricultural export port. … Read the full press release

Glencore to acquire 26.73% of Volcan Compañia Minera S.A.A. for US$531 million

PRESS RELEASE -- 4, October 2017

BAAR, 04-Oct-2017 — /EuropaWire/ — Glencore has concluded an agreement with certain shareholders (“Selling Shareholders”) of Volcan Compañia Minera S.A.A. (“Volcan”) pursuant to which Glencore has agreed to acquire 26.73% of the total class A common (voting) shares of Volcan at … Read the full press release

Glencore to sell Glencore Rail (GRail) coal haulage business for A$1.14 billion to Genesee & Wyoming Australia

PRESS RELEASE -- 21, October 2016

Baar, Switzerland / Sydney, Australia, 21-Oct-2016 — /EuropaWire/ — Glencore has reached agreement with Genesee & Wyoming Australia (GWA) to sell its Glencore Rail (GRail) coal haulage business in the New South Wales Hunter Valley for A$1.14 billion. The closure of the … Read the full press release

Glencore partners with Canada Pension Plan Investment Board for the sale of 40% equity interest in Glencore Agricultural Products

PRESS RELEASE -- 11, April 2016

Baar, Switzerland, 11-Apr-2016 — /EuropaWire/ — Glencore plc (“Glencore”) is pleased to announce that it has entered into a definitive agreement with Canada Pension Plan Investment Board (“CPPIB”) for the purchase by a wholly owned subsidiary of CPPIB of a 40% … Read the full press release

Glencore and Queensland Government finalised new environmental licensing conditions allowing Mount Isa Mines Copper Smelter to operate until end of 2022

PRESS RELEASE -- 13, November 2015

Baar, Switzerland, 13-11-2015 — /EuropaWire/ — Glencore and the Queensland Government have finalised new environmental licensing conditions which allows the Mount Isa Mines Copper Smelter to operate to the end of 2022. As a result, we are proud to announce that the Mount … Read the full press release

Glencore joined the Plenary of the Voluntary Principles on Security and Human Rights (Voluntary Principles)

PRESS RELEASE -- 20, March 2015

Baar, Switzerland, 20-3-2015 — /EuropaWire/ — Glencore is pleased to announce that on 18 March 2015 it joined the Plenary of the Voluntary Principles on Security and Human Rights (Voluntary Principles). The Voluntary Principles were established in 2000 and provide … Read the full press release

Rio Tinto confirms no discussions taking place with Glencore

PRESS RELEASE -- 10, October 2014

The board of Rio Tinto notes the recent press speculation regarding a possible combination of Rio Tinto and Glencore. The Rio Tinto board confirms that no discussions are taking place with Glencore. In July 2014, Glencore contacted Rio Tinto regarding … Read the full press release

Glencore completes sale of its interest in Frieda River Project in Papua New Guinea to PanAust Limited

PRESS RELEASE -- 29, September 2014

Baar, Switzerland, 29-9-2014 — /EuropaWire/ — We refer to Glencore plc’s (“Glencore”) announcement on 31 October 2013 relating to the execution of a share sale agreement (“SSA”) with PanAust Limited (“PanAust”) for the sale of its interest in the Frieda River … Read the full press release

Glencore plc to host series sell-side analyst visits in Australia and New Caledonia from 29 September to 2 October 2014

PRESS RELEASE -- 29, September 2014

Baar, Switzerland, 29-9-2014 — /EuropaWire/ — Glencore plc (“Glencore”) announces that it will host a series sell-side analyst visits in Australia and New Caledonia from 29 September to 2 October 2014. The visits will focus on the following operations: • Ravensworth … Read the full press release

Glencore completes sale of Las Bambas copper mine project to consortium owned by MMG Limited, GUOXIN International Investment Corporation Limited and CITIC Metal Co., Ltd.

PRESS RELEASE -- 4, August 2014

Baar, Switzerland, 4-8-2014 — /EuropaWire/ — We refer to Glencore plc’s (“Glencore”) announcement on 22 July 2014 relating to the sale of its entire interest in the Las Bambas copper mine project to a consortium owned 62.5% by MMG Limited, 22.5% … Read the full press release

Patrice Merrin appointed Independent Non-Executive Director at Glencore plc

PRESS RELEASE -- 27, June 2014

Baar, Switzerland, 27-6-2014 — /EuropaWire/ — The Board of Glencore plc announces the appointment of Patrice Merrin as an Independent Non-Executive Director of the Company with immediate effect. Following initial roles with Molson and Canadian Pacific, Patrice E. Merrin worked at Sherritt, … Read the full press release

Glencore’s AUD589M investment in Ernest Henry Mining in north-west Queensland, Australia commences operations from new kilometre-deep hoisting shaft

PRESS RELEASE -- 27, June 2014

Cloncurry, Australia, 27-6-2014 — /EuropaWire/ — Glencore’s AUD589 million investment in Ernest Henry Mining near Cloncurry in north-west Queensland, Australia, to transition from open pit to underground operations has celebrated a significant milestone; commencing operations from a new kilometre-deep hoisting shaft. … Read the full press release

Glencore Xstrata plc sells Las Bambas copper mine project to MMG Limited, GUOXIN International Investment Corporation Limited and CITIC Metal Co., Limited consortium for US$5.85 billion

PRESS RELEASE -- 14, April 2014

Baar, Switzerland, 14-4-2014 — /EuropaWire/ — Glencore Xstrata plc (“Glencore”) has signed an agreement for the sale of its entire interest in the Las Bambas copper mine project (“Las Bambas”) to a consortium owned 62.5% by MMG Limited, 22.5% by GUOXIN International Investment … Read the full press release