Core Lithium Ltd. has sold a stockpile of ore from its idled Finniss mine in Australia to Glencore Plc., raising cash to support a potential restart of the project.
Core Lithium Ltd. has sold a stockpile of ore from its idled Finniss mine in Australia to Glencore Plc., raising cash to support a potential restart of the project.
Tullow Oil Plc has reached an agreement with some bondholders and lender Glencore Energy UK Limited that would allow the Africa-focused energy company to delay a looming debt repayment and boost its liquidity.
Tullow Oil Plc has reached an agreement with some bondholders and lender Glencore Energy UK Limited that would allow the Africa-focused energy company to delay a looming debt repayment and boost its liquidity.
Glencore Plc is in talks to sell its stake in Kazzinc Ltd. in Kazakhstan to local businessman Shakhmurat Mutalip as part of a series of deals that could reshape the country’s vast mining landscape.
Glencore Plc is in talks to sell its stake in Kazzinc Ltd. in Kazakhstan to local businessman Shakhmurat Mutalip as part of a series of deals that could reshape the country’s vast mining landscape.
A front loader arranges storage piles of gold bearing ore at a mine in Kazakhstan.
Rio Tinto Group will focus on its own growth options after walking away from a deal to buy Glencore Plc that would have created the world’s biggest miner.
Rio Tinto Group will focus on its own growth options after walking away from a deal to buy Glencore Plc that would have created the world’s biggest miner.
Glencore Plc boss Gary Nagle said the world’s top miners must get bigger in order to make their voices heard, as the metals and commodities they produce become increasingly political.
Glencore Plc boss Gary Nagle said the world’s top miners must get bigger in order to make their voices heard, as the metals and commodities they produce become increasingly political.
Glencore Plc made an additional distribution to shareholders, even as declining earnings from the commodity trader-cum-miner’s sprawling coal operations weighed on full-year profit.
Glencore Plc made an additional distribution to shareholders, even as declining earnings from the commodity trader-cum-miner’s sprawling coal operations weighed on full-year profit.
Glencore Plc reached an agreement with the Democratic Republic of Congo’s state mining company over a land package that the commodity giant said will increase production at its Kamoto Copper Co.
Glencore Plc reached an agreement with the Democratic Republic of Congo’s state mining company over a land package that the commodity giant said will increase production at its Kamoto Copper Co.
Glencore Plc’s ferrochrome smelting venture in South Africa is running out of time to find a solution that would lower electricity costs and enable it to avert job cuts.
Glencore Plc’s ferrochrome smelting venture in South Africa is running out of time to find a solution that would lower electricity costs and enable it to avert job cuts.
South Africa’s Electricity Minister Kgosientsho Ramokgopa has been searching for a solution to rising electricity costs. Photographer: Waldo Swiegers/Bloomberg
A failed attempt to combine Rio Tinto and Glencore is a reminder that mega deals in mining are hard to achieve.
FILE: A worker assists in the operation of a giant Terex Corp. mining excavator during the extraction of ore from the open pit at Katanga Mining Ltd.'s KOV copper and cobalt mine in Kolwezi, Katanga province, Democratic Republic of Congo, on Wednesday, Aug. 1, 2012. Glencore Plc tumbled the most in two years as its African troubles escalated dramatically after U.S. authorities demanded documents relating to possible corruption and money laundering. The worlds biggest commodity trader said Tuesday that its been subpoenaed by the U.S. Department of Justice to produce documents with respect to compliance with the Foreign Corrupt Practices Act and United States money laundering statutes. Our editors select archive images from Glencores Katanga Mining Ltd. and Mutanda operations in the Democratic Republic of Congo. Photographer: Simon Dawson/Bloomberg via Getty Images
Amazon shares dropped after the company announced plans to spend $200 billion this year on data centers, chips and other equipment. The proposal further ignited AI bubble fears, with the Wall Street tech selloff extending into Asia trading hours. The spending planned by Alphabet, Amazon, Meta and Microsoft in pursuit of AI dominance is forecast to reach $650 billion in 2026.
Elsewhere, Stellantis fell as much as 14% at the European market open after the carmaker announced it will take roughly €
Amazon shares dropped after the company announced plans to spend $200 billion this year on data centers, chips and other equipment. The proposal further ignited AI bubble fears, with the Wall Street tech selloff extending into Asia trading hours. The spending planned by Alphabet, Amazon, Meta and Microsoft in pursuit of AI dominance is forecast to reach $650 billion in 2026.
Elsewhere, Stellantis fell as much as 14% at the European market open after the carmaker announced it will take roughly €22 billion in charges linked to a sweeping overhaul of its operations as high costs and muted electric-vehicle sales force the automaker to adjust its strategy.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)
A US government-backed group’s plan to take stakes in Glencore Plc’s Congolese copper operations could be the first step in creating an American company to accumulate mining assets in Africa.
A US government-backed group’s plan to take stakes in Glencore Plc’s Congolese copper operations could be the first step in creating an American company to accumulate mining assets in Africa.
A miner transports copper plates at the open-pit copper and cobalt mine outside Kolwezi in Lualaba province, Democratic Republic of Congo.
Glencore Plc tops the list of European companies identified by M&A experts as potential takeover targets for 2026 as dealmaking activity roars out of the gate this year.
Glencore Plc tops the list of European companies identified by M&A experts as potential takeover targets for 2026 as dealmaking activity roars out of the gate this year.
Aluminum Corp. of China, one of the largest shareholders in Rio Tinto Group, is likely to support the mining giant’s potential acquisition of rival Glencore Plc, a combination that would give the Chinese company increased exposure to copper, the industry’s most coveted metal.
Aluminum Corp. of China, one of the largest shareholders in Rio Tinto Group, is likely to support the mining giant’s potential acquisition of rival Glencore Plc, a combination that would give the Chinese company increased exposure to copper, the industry’s most coveted metal.
Bundles of aluminum ingots stacked at a stockyard in Wuxi, China. Photographer: Qilai Shen/Bloomberg
Glencore Plc has agreed to buy at least 500,000 tons a year of hot briquetted iron from a planned Oman-based plant, securing supply of the low-carbon steelmaking input from 2030.
Glencore Plc has agreed to buy at least 500,000 tons a year of hot briquetted iron from a planned Oman-based plant, securing supply of the low-carbon steelmaking input from 2030.
On this week’s podcast: Why the mining industry’s dream mega-merger could become reality
The Rio Tinto Group logo atop the company's operations center in Perth, Australia, on Friday, Jan. 9, 2026. Rio is in talks to buy Glencore Plc to create the world’s biggest mining company with a combined market value of more than $200 billion, a little over a year after earlier talks between the two collapsed.
Rio Tinto Group has brought on a slate of bankers including Simon Robey, one of the UK’s top rainmakers, as it pursues a deal for Glencore Plc, people with knowledge of the matter said.
Rio Tinto Group has brought on a slate of bankers including Simon Robey, one of the UK’s top rainmakers, as it pursues a deal for Glencore Plc, people with knowledge of the matter said.
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Today's guests: Ludovic Subran, Allianz, CIO & Chief Economist; Irene Mia, International Institute for Strategic Studies, Latin America Senior Fellow; Dwayne Lysaght, JPMorgan, Co-Head of EMEA M&A; Roland Rudd, FGS Global, Glo
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Today's guests: Ludovic Subran, Allianz, CIO & Chief Economist; Irene Mia, International Institute for Strategic Studies, Latin America Senior Fellow; Dwayne Lysaght, JPMorgan, Co-Head of EMEA M&A; Roland Rudd, FGS Global, Global Chair (Source: Bloomberg)
BHP Group’s bold bid to buy rival Anglo American Plc in 2024 was supposed to set it up as the clear winner in a copper boom it had long predicted. Two years later, the copper market is indeed booming. And yet the world’s biggest miner is left sitting on the sidelines of an M&A frenzy it began.
BHP Group’s bold bid to buy rival Anglo American Plc in 2024 was supposed to set it up as the clear winner in a copper boom it had long predicted. Two years later, the copper market is indeed booming. And yet the world’s biggest miner is left sitting on the sidelines of an M&A frenzy it began.
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