Federal crackdown on environmental crimes and a gold rally that’s sent prices to record highs has driven the industry into further darkness.
The Glencore CEO has a mix of copper mines, which everyone wants, and a giant coal business, which his peers have all scrambled to exit in recent years. Dumping the latter won’t be easy ...
Glencore’s coal production from South Africa fell by 7% in 2024 due to constrained export rail capacity under Transnet, although the company on Thursday said it would ramp up output once ...
A year earlier, Glencore tried to buy Teck Resources but had to settle for the smaller company’s coal business ... Under UK takeover rules, making a statement about the deal would generally ...
President Donald Trump comes into office vowing to ease environmental regulations on the utility industry. Now companies that own coal-burning plants in Ohio are asking the new administration to ...
Glencore has faced shareholder demands for greater disclosure on how pursuing new coal projects is aligned with global efforts to fight climate change.Credit: Nic Walker Combining parts or all of ...
Apart from the challenge of winning government approval Rio Tinto would have difficulty obtaining shareholder support for a merger with Glencore, which is a major coal producer. Rio Tinto sold all ...
Any deal would be complex and face multiple potential hurdles. Glencore’s massive coal business would be a stumbling block — and could be spun off, one of the people said — while the smaller ...
Talks were brief and did not go anywhere, source says A deal could form world's biggest listed miner Rio would likely be interested in Glencore's copper assets but not its coal, analyst says Click ...
While Glencore has large copper assets at a time when the world’s biggest producers are all seeking to expand in the metal crucial to the energy transition, it also owns a massive coal business ...
Glencore's coal operations will be perceived as a "poison pill" for other companies' shareholders, said Martins Alexandre.
Significantly, the miner’s steelmaking coal production increased by 165% year-on-year to 19.9-million tonnes. Glencore attributes the increase in steelmaking coal to the 12.5-million tonnes ...