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The non-binding LOI outlines the conditions for a future binding agreement, which hinges on the Zulu Project meeting specific ...
Premier African Minerals is pursuing a lithium concentrate supply deal with commodities giant Glencore Plc, it said on Wednesday, as it seeks to clear debt from an inconclusive offtake agreement. The ...
The understanding is Glencore’s Gary Nagle was lined up to run the iron ore and coal mining division. The challenge for groups like BHP and Rio is they rely on coal and iron ore for cash.
Anglo American agreed to sell its steelmaking coal business, including the Moranbah North mine, where the fire broke out last week, to St. Louis-based Peabody in November. It was the U.K.-based ...
Citi lowered the firm’s price target on Glencore (GLNCY) to 370 GBp from 450 GBp and keeps a Buy rating on the shares. Published first on TheFly – the ultimate source for real-time ...
The war in Ukraine is showing the power of weaponry once thought outdated. Mines and artillery have proven essential, alongside cutting-edge tech like AI and drones. One expert told BI that mines ...
Glencore was one of the hardest-hit large mining companies, its shares closing Monday at the lowest in more than four years.
Though as China is the key demand driver for much of what Glencore mines, diversification benefits are limited. Glencore’s oil and agriculture businesses (held through its 50% stake in Viterra ...
Big picture: Mineral Resources trades at 25% of our fair value estimate and is the cheapest of our non-lithium-focused mining coverage. Iluka shares are 62% below our estimate, while Glencore and ...
Trump signs executive orders to boost coal, a reliable but polluting energy source WASHINGTON — President Donald Trump on Tuesday signed a series of executive orders aimed at boosting the ...
In the mid-1700s, the earliest area anthracite mines offered secure employment for local residents. Nearly 250 years later, regional mines still provide jobs. The Department of Environmental ...