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[SMM Analysis:It Was Like Turning the Tide When All Hope Seemed Lost ] On the morning of June 27, 2025, China’s leading ...
Copper smelters are now so desperate to find raw material they are paying miners for converting their concentrates into ...
Glencore has shifted more than $30 billion in foreign assets into an Australian subsidiary in a huge restructure designed to make it easier to strike a future mega-merger with a rival commodities ...
PASAR’s shutdown last February, due to global market pressures and raw material shortage, displaced about 3,000 workers. The plant, owned by Glencore International since 1999, processed 1.2 million ...
Global smelters are also feeling the pinch. Glencore’s Pasar plant in the Philippines is under maintenance, and Japanese smelters, though more diversified, face pressure despite long-term contracts.
In February, Glencore's Pasar Smelter in the Philippines went on maintenance. Japan's smelters may do better than China's, even though they're bunkering up for the tough times. They're more ...
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 ...
We are very confident our partnership with Glencore will add significant value to Mt. Labo’s collective shareholder bases and the Philippines as a whole.” The Mabilo Project is estimated to hold ...
Commodity trader Glencore last week announced a halt to operations at its Pasar smelter in the Philippines, citing “increasingly challenging market conditions” as fees that smelters charge to ...
Glencore's strategic focus on profit, risk management, and shareholder value makes it a compelling investment, with significant growth. See more on GLNCY stock.
Glencore has launched a $1bn (£792m) share buyback programme despite recording a 16 per cent drop in adjusted earnings before interest, tax, deprecation and amortisation (EBITDA) in 2024.. The ...
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. "As we have always ...