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GLCNF / Glencore makes alternative pitch to win over Teck

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. Read More

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Posted: Jun 12 2023, 03:39

Author Name: Proactive Investors

GLCNF News

By Proactive Investors
October 31, 2023

Sigma Lithium receives 50% prepayment from Glencore for Triple Zero Green Lithium shipment

Sigma Lithium Corp (TSX-V:SGML, NASDAQ:SGML) announced that it has received a 50% prepayment from Glencore for its third shipment of Triple Zero Green

By Kitco
October 30, 2023

Glencore reports lower copper, zinc and nickel production in 9M23, cuts nickel and ferrochrome guidance

(Kitco News) - Global mining and metals group Glencore (LSE: GLEN) announced on Monday that in 9M 2023, its own sourced copper production was 735,800

By Proactive Investors
October 30, 2023

Glencore nickel production still bearing brunt of last year's strikes

Glencore PLC (LSE:GLEN) announced that its nickel production will be lower than anticipated this year as maintenance outages and strikes that took pla

By Proactive Investors
October 18, 2023

Glencore to close historic Mt Isa copper operation in Australia

Glencore PLC (LSE:GLEN) has announced the closure of its copper mines in Mt Isa, Queensland, by 2025, affecting 1,200 workers and ending 60 years of

By Proactive Investors
September 29, 2023

Glencore, VW, Stellantis SPAC plan collapses after nickel slide

A US1 billion SPAC or special acquisition company deal involving car giants VW and Stellantis and miner Glencore has collapsed after an agreement coul

By Reuters
September 28, 2023

$1 bln metals SPAC deal backed by Glencore, automakers collapses

A $1 billion metals deal by blank-cheque fund ACG Acquisition Company has been terminated following delays when the different sides, which included a

By Seeking Alpha
September 27, 2023

Glencore: Attractive Despite Possible Dividend Decline

Swiss commodity miner and marketer Glencore's total returns are almost double its price returns over the past year, highlighting the importance of div

By Proactive Investors
September 21, 2023

Sigma Lithium ships 22,500 tonnes of its Triple Zero Green Lithium to Glencore

Sigma Lithium Corp (TSX-V:SGML, NASDAQ:SGML) said it has prepared shipment of 22,500 tonnes of battery-grade, carbon-neutral, and zero-hazardous-chemi

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