Unintended but not unexpected is one way of describing what's happening to the price of steel-making coal as governments suppress supply in the face of steady demand g
Glencore PLC (LSE:GLEN) and Teck Resources Ltd (TSX:TECK.B) are each winners in the former's strategic acquisition of Elk Valley Resources (EVR) deal, Teck's coal business, according to analysts at Je

Galan Lithium trades higher on Glencore offtake

09:40pm, Wednesday, 15'th Nov 2023
(Kitco News) - Galan said production is forecast to commence in H1 2025.
Glencore PLC (LSE:GLEN), the FTSE 100 commodities group, on Tuesday announced its plan to acquire a majority stake in the coal business of Teck Resources, a Canadian mining company. This transaction,
Dalton Baretto from Canaccord Genuity explains what he expects Teck to do with the proceeds of the Glencore deal, and adds there is "significant appetite" from investors for free cashflow vehicles.
Teck Resources Ltd (TSX:TECK.B) shares rose Tuesday on news it has agreed a deal to sell its steelmaking coal assets to a consortium led by commodity giant Glencore and including Japan's Nippon Steel

Glencore bets big on coal, and why not?

07:47am, Tuesday, 14'th Nov 2023
Buy on the dips. That's what they say.
Glencore on Tuesday said it had struck a $9 billion deal to buy Canadian mining company Teck Resources' steelmaking coal business, as the Swiss commodities giant pushes forward with plans to spin off
Shares in mining major Glencore PLC (LSE:GLEN) were up almost 4% in early trading after it said it was acquiring a 77% stake in Elk Valley Resources (EVR), the steelmaking coal division of Teck Resou
(Kitco News) - In the spring Teck floated a proposal to split its coal and copper businesses. In April Teck Glencore made a $22.5 billion unsolicited takeover for Teck.
The companies are said to be in advanced talks on a deal that would value the coal assets at close to $10 billion.
Tantalex Lithium Resources (CSE:TTX, OTC:TTLXF) told investors it has concluded its previously announced lithium marketing offtake agreement with Glencore AG, which will also see the mineral trading g
Tullow Oil PLC (LSE:TLW) shares rose in Monday's early dealing as the Africa focused oil producer secured a new $400 million debt facility through a deal with Glencore. It will be a five-year arrangem
Tullow Oil said on Monday it had entered into a $400 million five-year debt facility deal with Glencore which would help manage its senior notes maturing through 2026.
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 Lithium. The shipment consisted of 20,000 tonnes
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE