Glencore

GLENCORE NEWSROOM (48 press releases)

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Rio Tinto sold its 50.1% interest in the Clermont Joint Venture to Glencore Xstrata and Sumitomo owned GS Coal Pty Ltd for US$1.015 billion

PRESS RELEASE -- 30, October 2013

London, United Kingdom, 30-10-2013 — /EuropaWire/ — Rio Tinto has reached a binding agreement for the sale of its 50.1 per cent interest in the Clermont Joint Venture to GS Coal Pty Ltd, a company jointly owned by Glencore Xstrata and Sumitomo … Read the full press release

EY: 350 M&A and capital raising deals worth US$78.6b in the mining and metals companies globally during H1 2013, 30% down YoY

PRESS RELEASE -- 5, August 2013

M&A and capital raising activity by mining and metals companies globally during January – June 2013 (1H) remained very subdued, pointing to the third consecutive year of declining deal volumes for the sector. 05-8-2013 — /EuropaWire/ — During the first half … Read the full press release

Glencore Xstrata plc announced it signed USD 17,340 million Revolving Credit Facilities

PRESS RELEASE -- 5, July 2013

Baar, Switzerland,  5-7-2013 — /europawire.eu/ — Glencore Xstrata plc (“Glencore”) is pleased to announce the signing of revolving credit facilities (the “Facilities”) for a total amount of USD 17,340 million. The Facilities are for general corporate purposes and replace the previous … Read the full press release

Rosneft Agrees Heads of Terms for Long-Term Contracts with Glencore and Vitol

PRESS RELEASE -- 15, January 2013

15-1-2013 — /europawire.eu/ — On 21 December 2012 Rosneft agreed heads of terms for long-term crude supply contracts with Glencore International plc (‘Glencore’) and Vitol, two of the world’s leading trading companies. Under the heads of terms, Rosneft plans to sign … Read the full press release

GLENCORE PUBLISHES SUSTAINABILITY REPORT 2011

PRESS RELEASE -- 26, November 2012

BAAR, Switzerland, 26-11-2012 — /europawire.eu/ —  Glencore International plc today published its second sustainability report. The report evaluates Glencore’s performance in 2011, its progress in contributing to sustainable development and the level of commitment it has shown towards all of its … Read the full press release

Mergers: Commission approves Glencore’s acquisition of Xstrata, subject to conditions

PRESS RELEASE -- 23, November 2012

Brussels, 23-11-2012 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Xstrata, the world’s fifth largest metals and mining group, by Glencore, the world’s leading metals and thermal coal trader. The clearance is conditional on … Read the full press release

Merger review: Past evolution and future prospects

PRESS RELEASE -- 5, November 2012

Cernobbio (Italy), 5-11-2012 — /europawire.eu/ — Ladies and Gentlemen, It is always a pleasure to be back in Cernobbio, in this occasion to participate in this Conference on Competition Policy. And I wish to thank in particular Jorge Padilla for inviting me … Read the full press release

CLOSING OF GLENCORE INTERNATIONAL PLC’S ACQUISITION OF AN 18.91 PER CENT INTEREST IN KAZZINC

PRESS RELEASE -- 16, October 2012

BAAR, SWITZERLAND, 16-10-2012 — /europawire.eu/ — Glencore International plc (“Glencore” or the “Company”) announces the completion of the purchase of an 18.91 per cent. ownership interest in Kazzinc LLP (“Kazzinc”) from Verny Investments in consideration for the issue of 176,742,520 new … Read the full press release