Glencore PLC

Glencore Plc engages in the production and marketing of metal, mineral, and energy and agricultural commodities. The firm serves the automotive, steel, power generation, battery manufacturing, and oil sectors. It operates through the following segments: Marketing, Industrial, and Corporate and Other. The Marketing segment includes net sale and purchase of physical commodities, and provision of marketing and related value-add services. The Industrial segment deals with the sale of physical commodities over the cost of production and/or cost of sales. The Corporate and Other segment represents group related income and expenses. The company was founded in 1974 and is headquartered in Baar, Switzerland.

Glencore PLC raised its profit forecast for the current year and said it now expects underlying profit (adjusted EBIT) to exceed its US$2.2bn-US$3.2bn a year long-term guidance range. The commodity trading and mining company said its asset base has performed in line with expectations and full-year production guidance remains unchanged.

Glencore ups profit guidance for 2021

Glencore on Friday said it expects full-year 2021 earnings before interest and tax (EBIT) for its marketing unit to exceed the top end of its $2.2 billion to $3.2 billion long-term guidance, but stuck to its production guidance.

Glencore sees trading unit beating earnings guidance

The agreement will likely bring Cheniere's (LNG) Corpus Christi Stage 3 project closer to a final investment decision, which is expected to occur in 2022.

Cheniere (LNG) to Supply Liquefied Natural Gas to Glencore

BHP Billiton

Polymet Mining

The Metals Co

Umicore SA

Cobalt spot prices were higher for the month and LME cobalt inventory was slightly lower. Cobalt market news - Strong growth for cobalt, but some headwinds too. Cobalt slight supply deficit this year and will remain in one next year.

Cobalt Miners News For The Month Of October 2021

The Glencore (LON: GLEN) share price has retreated sharply in the past few days as investors remain concerned about coal prices. The stock is trading at 368p, which is about 7.7% below its highest level this month.

Glencore share price forecast as it approaches its correction zone

Glencore and a consortium of banks have started talks with Chad over the restructuring of the country's more than $1 billion commercial debt, according to a letter from the company to the International Monetary Fund (IMF) seen on Saturday.

Glencore opens talks with Chad over debt restructuring

Rio Tinto plc Sponsored

During the summer just gone, shares in three of the big miners – Rio Tinto PLC (LSE:RIO), BHP Group and Anglo American PLC (LSE:AAL) - hit five-year highs as the iron ore price soared. Glencore, by contrast, London's other big miner, ploughed its own furrow.

China a go-go? Share price movements in Glencore, Rio, BHP and Anglo are a bellwether for future economic trends

(Kitco News) - Glencore today announced that it has reached agreement with Santa Cruz Silver Mining for it to acquire the holding companies which own Glencore's Bolivian zinc assets, comprising of Sinchi Wayra and Illapa.

Glencore to sell its Bolivian zinc assets for $110 million

Red River Resources Ltd has entered a new offtake agreement with leading global commodity producer and marketer Glencore International AG for copper concentrate produced at the company's Thalanga Operations in Queensland. The agreement covers all of the copper concentrate produced at Thalanga until June 2023 with Glencore to take delivery of concentrate at the Thalanga mine gate.

Red River Resources enters new offtake deal with Glencore for copper concentrate

Analysts at Barclays called Glencore Plc their ‘top pick' in the mining sector with the expectation that coal prices will remain high. Barclays repeated an ‘overweight' rating and upgrading the price target.

Barclays sees Glencore as ‘top pick' as it expects coal prices to stay high

Bank of China Ltd

Cigna

China Construction Bank Corp

Honda

China Life Insurance Co. Ltd.

McKesson

Ping An Insurance Group Co of China Ltd

Sinopec Shanghai Petrochemical

China Petroleum & Chemical

AT&T

Toyota Motor

Verizon

Walmart

Exxon Mobil

August/September Fortune published the latest 500 "world's largest companies globally in 2020" (based on revenues) and 33 pay dividends. "A pandemic couldn't disrupt the top spot on the Fortune Global 500 for 2020. Mega-retailer, Walmart landed at number one on the list of the world's largest companies," Fortune states.

8 Of The Top 10 Global Fortune 500 Dividend Dogs Are Ideal In October

Anglo American PLC

Vale S.A.

Nickel spot prices were slightly lower in September, LME inventory was significantly lower. Nickel market news - Macquarie forecasts nickel supply growth from Indonesia in 2022 to shift the market into a large oversupply (of 176kt nickel).

Nickel Miners News For The Month Of September 2021

Interesting slant on from the abacus rattlers at Citi on how Glencore PLC can keep the momentum going to the benefit of equity investors. It notes the digger is the best performing large-cap in the year to date with unfashionable and environmentally dubious thermal coal fuelling that performance.

Glencore is the world's top performing large-cap miner. But an aggressive buyback plan could at least double its value, says one leading broker

Glencore is performing really well as its main commodity exposure is all doing well.

Glencore: An Attractive Setup Going Into H2 2021

Glencore PLC investors are set for a bumper dividend payout due to the surge in coal prices, according to the latest research from analysts at Deutsche Bank. Thermal coal prices are at record levels said the broker and that  might mean a US$15bn cash return from the mining giant is on the horizon, said the broker Coal futures generally are also at their highest since 2008 and more than double a year ago.

Glencore investors tipped for US$15bn dividend windfall from coal price surge

Largo Resources LTD

Energy Fuels

Europe vanadium pentoxide spot prices were lower the past 30 days. China and Europe Ferrovanadium prices were also lower. Vanadium market news - Global Vanadium Ore market forecast to reach $2.36 Billion in 2025 at a CAGR of 10.2%. Biden doubles climate pledge in test to spur global action.

Vanadium Miners News For The Month Of September 2021

Cobalt spot prices were slightly higher for the month and LME cobalt inventory was about the same. Cobalt market news - Canaccord forecasts a cobalt deficit as early as 2024, forecasts prices rising beyond the previous peak of US$42.52/lb and sets long-term pricing at US$40/lb.

Cobalt Miners News For The Month Of September 2021

Anglo American plc, Glencore plc, Antofagasta plc, Rio Tinto plc and BHP Group Plc all suffered losses at noon as investors are concerned about a downturn in the Chinese economy. Chinese property developer Evergrande seems to be teetering on the precipice, with many worried the wider economy in the Asian country could be also hit by a crisis.

Anglo American, Glencore and fellow big cap miners drop over China concerns

In 2021, in the era of ESG, a bullish view on coal is perhaps as rare as it once would've been to see a clean face down the pit. Nevertheless, analysts at American bank Morgan Stanley (NYSE:MS) reckon investors in Glencore PLC (LSE:GLEN) are set to see ‘outsized returns' thanks to record level coal prices.

Morgan Stanley sees ‘outsized' returns for Glencore investors thanks to coal

Kroger

August/September Fortune published the latest 500 "world's largest companies globally in 2020" (based on revenues) and 33 pay dividends. "A pandemic couldn't disrupt, the top-spot on the Fortune Global 500 for 2020. Mega-retailer, Walmart landed at number-one on the list of the worlds-largest companies by revenue," Fortune stated.

9 Ideal Dividend Dogs Top Global Fortune 500 List Just Out

Nickel spot prices were lower in August, LME inventory was lower. Nickel market news - Morgan Stanley says demand for nickel is exceptionally strong. BMI says supply disruption leaves MHP nickel refiners high and dry.

Nickel Miners News For The Month Of August 2021

Sustainable Opportunities Acquisition Corp

Cobalt spot prices were flat for the month and LME cobalt inventory was about the same. Cobalt market news - Analyst's forecast cobalt prices either steady in 2021 or picking up slightly. EV makers eye bigger battery-metals role by inking mining deals.

Cobalt Miners News For The Month Of August 2021

Is (GLNCY) Outperforming Other Basic Materials Stocks This Year?

Has Glencore (GLNCY) Outpaced Other Basic Materials Stocks This Year?

(Kitco News) - Glencore announced today that it has entered into a long-term strategic partnership for the supply of responsibly sourced cobalt with Britishvolt, the UK's foremost investor in lithium-ion battery cell technologies and associated R&D.

Glencore to supply Britishvolt with responsibly sourced cobalt

British plans for a ‘gigafactory' to spur electric carmakers have had a notable boost with Swiss commodities and mining major Glencore Plc taking a stake in the Britishvolt start-up. Glencore at the same time secures supply agreements for the proposed factory, which requires cobalt and other so-called battery metals.

News for Glencore PLC Stock (GLNCY)