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Glencore said trading profit will be at the top end of its target this year as the commodities giant joins big oil companies enjoying a bonanza from volatile price swings. The company made nearly $1 ...
Glencore’s total recordable injury frequency rate improved from 2.22 in 2023 to 1.89 in 2024, which chairperson Kalidas Madhavpeddi says reflects the lowest rate in the past decade.
Glencore on Wednesday reported a sharp drop in copper output in the first quarter, sending company stocks trading in the US sharply lower. The company’s over the counter units trading on US ...
Glencore PLC is doubling down on a cost-cutting drive at its Canadian copper and zinc plants following job cuts last year, in a further overhaul of its global smelting business following a collapse in ...
Glencore's unique value lies in its strong commodity trading operation and disciplined approach to mergers, exemplified by its recent $7bn acquisition of Teck's coal business. CEO Gary Nagle ...
Glencore also revealed it was considering moving its primary listing from the UK to New York, or elsewhere, to get the "right valuation". Mining giant Glencore reported a net loss attributable to ...
Glencore has initiated a $1 billion share buyback program despite a reported 16 percent decrease in adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) for 2024.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Glencore has held preliminary discussions about selling its multibillion-dollar copper and cobalt mines in ...
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LONDON (Reuters) - Miner and commodity trader Glencore said it is open to M&A transactions that create value for its shareholders, leveraging its position as a top three global copper producer.
A deal aimed at capturing a bigger slice of the metals market, the proposed $160 billion merger of Rio Tinto and Glencore, appears doomed to fail, just as last year’s $50 billion attempt by BHP ...
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