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GLNCY / Glencore PLC to return US$4bn to shareholders as profits soar on record high commodity prices

Glencore PLC to return US$4bn to shareholders as profits soar on record high commodity prices
Glencore PLC (LSE:GLEN) announced that it is returning US$4bn to shareholders following an 84% rise in profits for 2021, driven by record high prices for many of its commodities.  The miner posted underlying profits (adjusted EBITDA) of US$21bn for the year to 31 December 2021, compared with US$11.5bn the year before, on revenue up 43% at US$203.7bn. Read More
Posted: Feb 15 2022, 02:57
Author Name: Proactive Investors
Views: 092194

GLNCY News  

Glencore: M&A Risk Offers A Possibility To Enter

By Seeking Alpha
June 1, 2023

Glencore: M&A Risk Offers A Possibility To Enter

Glencore's second acquisition offer of $22.5 billion for Teck Resources has been unanimously rejected by the Canadian mining company's board. Bluebell more_horizontal

Glencore's shareholder opposition to climate report grows

By Reuters
May 26, 2023

Glencore's shareholder opposition to climate report grows

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 th more_horizontal

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

By Reuters
May 19, 2023

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

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 rest more_horizontal

Li-Cycle ($LICY) and Glencore Partner to Build Europe's Largest Lithium Battery Recycling Hub

By Green Stock News
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Li-Cycle ($LICY) and Glencore Partner to Build Europe's Largest Lithium Battery Recycling Hub

Li-Cycle (NYSE: LICY), an industry leader in lithium-ion battery resource recovery, and Glencore International AG have announced their collaboration t more_horizontal

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

By Kitco
May 9, 2023

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

(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 more_horizontal

Leeuwin Metals and Glencore set to advance key Manitoba project

By Proactive Investors
May 5, 2023

Leeuwin Metals and Glencore set to advance key Manitoba project

Leeuwin Metals Ltd (ASX:LM1), a battery metals exploration company with projects in North America and Western Australia, has formed a technical commit more_horizontal

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

By Kitco
April 21, 2023

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


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