Deutsche Bank has upgraded its rating on Glencore PLC (LSE:GLEN) stock from hold to buy with a 540p price target. Liam Fitzpatrick, head of metal and mining equity research at Deutsche Bank, commented
Li-Cycle Holdings, the battery recycling firm, saw shares soar 36% higher after it revealed it secured a US$75 million investment through a convertible note from mining and commodities giant Glencore.
Sigma Lithium Corp (TSX-V:SGML, NASDAQ:SGML) announced a new 22,000-tonne shipment of Quintuple Zero Green Lithium to Glencore at the Port of Vitoria. The upcoming shipment is the seventh of its kind

Glencore at "excellent entry point" says US bank

10:46am, Thursday, 07'th Mar 2024
Glencore has received a bullish write-up from the analysts at Jefferies, who see a tipping point approaching for the coal, cobalt and copper miner and trader. According to Jefferies, the investment ca
Nickel spot prices were higher for the last month. Morgan Stanley suggests the possibility nickel (price) is close to a trough “looks increasingly likely". Nickel market news - EU, US to align globa
Vanadium pentoxide prices and ferrovanadium prices were generally flat in February, remaining near a 13-year low.
Swiss miner and commodities trader Glencore is looking at buying Shell's oil refinery and petrochemical units in Singapore as the oil major seeks a buyer for the sites after earlier suitors dropped ou
Canadian miner Teck Resources Ltd plans to close the sale of its steel-making coal unit to Glencore no later than the third quarter of 2024, CEO Jonathan Price told Reuters in an interview on Thursday

Glencore slashes payouts as profits tumble

03:44am, Wednesday, 21'st Feb 2024
Glencore profits dropped by three-quarters in the year just ended as coal and metal prices fell and trading income also fell sharply. Revenues in 2023 were 15% lower at US$217bn, with income from its

Glencore Earnings Tumble on Lower Energy Prices

02:33am, Wednesday, 21'st Feb 2024
Glencore's full-year adjusted earnings came in at $17.1 billion after coal prices retreated from the record highs that followed Russia's invasion of Ukraine.
Swiss mining giant Glencore, parent company of Australian mining company Glencore Technology, reported their preliminary 2023 results before London markets opened today. Glencore reported a net income

Why is the Glencore share price falling?

01:52am, Tuesday, 20'th Feb 2024
The Glencore share price (JSE: GLN) has lost over ZAC 1,000 this year to date so far, more than fourteen percent of its share price, in less than two months.  In fact, Glencore is actually down close
Rio Tinto recently reiterated 2024 production guidance while the miner should state iron ore unit costs will flat with improvement in copper and aluminium, according to brokers. Last month, Rio said i
Glencore said on Monday it will sell its stake in Koniambo Nickel SAS (KNS) in New Caledonia and that production at KNS's processing plant will be halted for six months while a new investor is sought
Sigma Lithium Corp (TSX-V:SGML, NASDAQ:SGML) said it had loaded its sixth shipment, comprising 22,000 tonnes of Quintuple Zero Green Lithium, from its Grota do Cirilo lithium operation in Brazil. The
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