A Japanese company owns 46 per cent of its voting stock. For its part, Glencore already employs 9,000 people across Canada in a variety of industries. Like Teck, it plans to split off its thermal ...

By centralizing key assets in one jurisdiction, Glencore paves the way for a potential deal with a rival mining giant.

Glencore said on Thursday it had restructured its coal business by moving its recently acquired Canadian mines into a single ...

Under the terms of the contract, Glencore will supply up to 50% of the refinery's cobalt requirements, commencing once the facility begins commercial operations. The feedstock will be sourced from ...

After Glasenberg, who owns 9.9%, Glencore’s biggest shareholders are Qatar’s sovereign wealth fund, Capital Group and BlackRock Inc. If Glencore had gone ahead with its spinoff, many investors ...

This is not just any mining company. The conglomerate that owns PolyMet is Glencore, a Swiss-based giant that reported profits of $203 billion dollars in 2021, and is ranked by Fortune magazine as ...

The considerable ownership by retail investors in Glencore indicates that they collectively have a greater say in management and business strategy A total of 19 investors have a majority stake in ...

Compared with bigger rivals where the M&A process is very tightly controlled, at Glencore “the freedom to do those kind of initiatives is higher”, Jackson said. Glasenberg — who still owns ...

RBC analyst Kaan Peker said in a note to clients that a deal for Glencore would provide a clean exit for large investors including its largest shareholder and former CEO Ivan Glasenberg who owns a ...

The Swiss-based miner bought Teck Resources’ coal assets for $6.9-billion and was going to spin off all its coal assets, but ...