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.

Teck Resources

Teck has already rejected two full takeover bids from Glencore, and said last week that it has received several offers for its coal unit.

Glencore Offers to Buy Teck Resources' Coal Assets. It's the Deal That Won't Go Away.

Glencore PLC (LSE:GLEN) has made an alternative pitch to win over Teck Resources, offering to buy its steelmaking coal business. The FTSE 100-listed miner, which has already expressed in buying the whole of Teck, said under the new plan it would buy Teck's steelmaking coal business and then demerge the business unit together with its own energy coal assets 1-2 years after the deal closed.

Glencore makes alternative pitch to win over Teck

Global miner Glencore , Chrysler parent Stellantis and Volkswagen's battery unit PowerCo have agreed to back a $1 billion deal by blank-cheque fund ACG Acquisition Company to buy two mines in Brazil, ACG said on Monday.

Glencore, automakers to back $1 bln nickel, copper SPAC deal in Brazil

The commodities giant is willing to buy Teck's unit as an alternative to a full merger.

Glencore Approaches Teck Over Its Coal Business

Glencore is focusing on future metals like copper, nickel, and cobalt, positioning itself for long-term growth. The company has reduced debt and plans to double copper production in the coming years, making it well-positioned to generate cash flows for decades. Glencore stock may be a good long-term buy and hold option, but short-term share price movements are uncertain due to factors like fluctuating coal prices.

Glencore's Bet On Copper: A Commodity For The Future

BHP Billiton

Electra Battery Materials Corp

Anglo American PLC

Sprott Nickel Miners ETF

Platinum Group Metals

Nickel spot prices were significantly lower the last month. Nickel market news - Nickel faces huge supply glut of Class 2 nickel as Indonesian output booms; however Class I nickel demand is very strong with LME inventory levels declining. Nickel company news - Vale imminent sale of 10% of its base metals business, reported to be worth $US20-25B. Glencore & Li-Cycle announce joint study for battery recycling hub.

Nickel Miners News For The Month Of May 2023

Glencore's second acquisition offer of $22.5 billion for Teck Resources has been unanimously rejected by the Canadian mining company's board. Bluebell Capital Partners, an activist fund and shareholder in both companies, criticized the deal as "alarmingly illogical" and harmful to both companies. Teck Resources is also planning to spin off its coal assets into a new company.

Glencore: M&A Risk Offers A Possibility To Enter

Largo Resources LTD

Energy Fuels

Europe vanadium pentoxide spot prices were lower the past 30 days. China and Europe ferrovanadium prices were lower. Vanadium market news - Global supply of vanadium electrolyte is however currently very tight. VRFBs have many advantages over other stationary energy storage types. Vanadium company news - Bushveld Minerals has completed construction and cold commissioning of the BELCO electrolyte plant.

Vanadium Miners News For The Month Of May 2023

Just over 30% of Glencore's investors rejected the company's climate progress report at its annual meeting on Friday, demanding more clarity on how the global miner will meet its commitments to cut emissions.

Glencore's shareholder opposition to climate report grows

Cobalt spot prices were flat for the month, and LME inventory was lower for the month. Cobalt market news - Cobalt to remain key EV raw material despite substitution threat. Fastmarkets' research analysts forecast cobalt will reach an oversupply of 4,000 tonnes in 2023.

Cobalt Miners News For The Month Of May 2023

A shipment of U.S. oil is headed to South Africa for the first time in two years and destined for a Glencore-owned refinery in Cape Town that has restarted operations after an explosion shuttered it in 2020, according to ship tracking data and a source.

Rare shipment of U.S. oil heads to South Africa for Glencore refinery

Li-Cycle Holdings Corp

(Kitco News) - Li-Cycle (NYSE: LICY) and Glencore (LON: GLEN) announced today that the two signed a letter of intent to jointly study the feasibility of a battery metal recycling facility in Portovesme, Italy.

Li-Cycle and Glencore partner on critical metal recycling faclity in Italy

Leeuwin Metals Ltd (ASX:LM1), a battery metals exploration company with projects in North America and Western Australia, has formed a technical committee with mining major Glencore PLC (LSE:GLEN). This has been convened to advance its flagship William Lake Nickel Project in Manitoba, Canada.

Leeuwin Metals and Glencore set to advance key Manitoba project

Nickel spot prices were flat the last month. Nickel market news - INSG forecasts 2023 nickel surplus amid increase in Class 2 supplies. Fitch says nickel could average $US32,000/t in years to come.

Nickel Miners News For The Month Of April 2023

Europe vanadium pentoxide spot prices were lower the past 30 days. China and Europe ferrovanadium prices were lower. Vanadium market news - Tesla Master Plan 3 says we need 240 TWh of total energy storage for the world to move to become 100% renewable energy.

Vanadium Miners News For The Month Of April 2023

Ivanhoe Mines announced on Thursday that it has signed off-take and financing agreements with Switzerland-based miner and commodity trading giant Glencore to restart the Kipushi mine in the Democratic Republic of Congo (DRC) next year, which is considered one of the world's highest grade zinc mines. Glencore will take all of the mine's zinc concentrate for five years and fund the operation with a $250 million loan to be repaid by 2028.

Ivanhoe Mines inks $250M financing deal with Glencore for early restart of Kipushi mine in DRC

Norsk Hydro ASA

(Kitco News) - Mining and natural resources group Glencore announced today that it has reached a binding agreement with Norsk Hydro, one of the world's leading low-carbon aluminium companies, to acquire a 30% equity stake in Alunorte and a 45% equity stake in Mineracão Rio do Norte (MRN), located in Brazil.

Glencore to acquire Norsk Hydro stakes in alumina refinery and bauxite mine in Brazil

JP Morgan expects Glencore to upgrade its offer for Teck Resources, especially now that the Canadian miner has dropped its own separation plans. Glencore's offer currently is worth around C$63 a piece for the B shares, but JP Morgan believes it can increase this to C$70, or a 19% premium to the close yesterday, valuing Teck at US$27bn or 50% above its value before the approach was made public.

Glencore likely to raise Teck Resources offer, according to JP Morgan

Glencore's plan to merge with Teck Resources seemingly got a shot in the arm last night as the Canadian group dropped its own plans to split off its coal business. In a statement, Glencore said it had noted Teck's decision and that its own proposal for splitting off and merging the two companies' coal and metal businesses into separate entities offers “a simple and direct approach to separation”.

Glencore gets merger boost as Teck drops separation plan

Polymet Mining

Cobalt Miners News For The Month Of April 2023.

Cobalt Miners News For The Month Of April 2023

(Kitco News) - Glencore announced yesterday that in Q1 2023, its own sourced copper production was 244,100 tonnes, 5% lower than Q1 2022, largely due to planned lower grades in line with the phasing of the pit at Collahuasi and delays associated with adverse weather conditions at Antamina.

Glencore's production of copper, zinc, nickel, silver and coal declined in Q1 2023

Glencore (LON: GLEN) share price continued recovering after publishing a strong trading statement on Friday. The shares were trading at 500, which was ~20% above the lowest point in March.

Glencore share price firms as it estimates bumper trading profits

Glencore PLC (LSE:GLEN) reported first quarter production was broadly in line with its expectations and left full year production guidance. In a statement, Chief Executive Officer Gary Nagle said the in line figures accounted for “portfolio changes and operational conditions, including the disposals/closures of some zinc and lead mines in the Americas during 2022.

Glencore reports first quarter production in line, holds guidance

Banco Bilbao Vizcaya Argentaria

Blackstone Group

Coca-Cola European Partners plc

Emerson Electric

Gap Inc

ICL-Israel Chemicals

North European Oil Royalty Trust

Orange

Paramount Global

Porsche Automobil Holding SE

Prudential Financial

Repsol SA

Roche Holding AG

Sysco

Toyota Motor

Grupo Televisa, S.A.B.

Vinci SA

Two Barron's Annual-Roundtable, plus-two Bloomberg-Intelligence articles and one from InvestorPlace published late-January and April listed 119 stocks for 2023; 97 of-those were unduplicated US publicly-listed companies, of which 69 paid dividends.

19 Ideal April 2023 Barrons/Bloomberg/Investor Dividend Dogs

Teck Resources has turned down yet another takeover offer from Glencore and urged shareholders to vote for its separation plan in a letter to investors on Wednesday. Teck wrote in the letter that Glencore's latest presentation and open letter included no changes from its previous offer, which the company has reviewed and rejected.

News for Glencore PLC Stock (GLNCY)