Glencore plc

Canadian Aluminium Stakeholders Spar With U.S. Smelter Representative Over Trump Administration’s Ten-Percent Aluminium Tariff

Canadian Aluminium Stakeholders Spar With U.S. Smelter Representative Over Trump Administration’s Ten-Percent Aluminium Tariff

Aluminium industry representatives clashed late last week in an online forum with spokespeople from the two United States aluminium firms who led the charge to instate a 10-percent tariff on Canadian imports. In an online event hosted by Washington International Trade Association,...

Glencore and Rusal Ask LME to Lift Suspension on Trading of Rusal’s Aluminium

Citing the Trump administration’s extension for complying with the sanctions it placed upon U.C. Rusal, Anglo-Swiss mining and trading firm Glencore plc has joined with the Russian miner in petitioning the London Metal Exchange to temporarily lift the suspension on Rusal’s aluminium. Sources revealed to Reuters on Friday that the request had been made, but […]

Rio Tinto Pondering Placement of Pacific Aluminium on Australia’s Stock Exchange

Rumors have surfaced in Australian media outlets that Anglo-Australian mining titan Rio Tinto Group is weighing listing Pacific Aluminium on the country’s securities exchange in the near future. According to a column published in The Australian Financial Review earlier today, Rio Tinto is exploring a full or partial listing on the Australian Securities Exchange (ASX) […]

Mytilineos Planning a US$400 MM Alumina Refinery in Greece

Greek industrial conglomerate Mytilineos Holdings S.A. announced late last week a plan to build a US$400-million alumina refinery on its own shores. According to the firm, the plant will make the Hellenic Republic the most prolific producer of alumina on the continent. Mytilineos’ Chief Executive Officer Evangelos Mytilineos said in an interview with international news […]

Rio Tinto Sweetens Pacific Aluminium Package with Australian Alumina Assets

Mining giant Rio Tinto Group is adding two alumina refineries in Australia to the Pacific Aluminium portfolio in an effort at sweetening the deal for potential suitors, according to a trio of sources claiming familiarity with the matter. According to an article run by Reuters earlier this week, Rio Tinto included the QAL and Yarwun […]

Qatar Investment Authority Mulls Buying In to En+’s Upcoming IPO

Russian Federation energy concern En+ Group may have found another major buyer for its planned IPO in London and Moscow next month, as the Qatari government’s sovereign wealth fund is said to be in discussions with the firm. London’s Financial Times reported yesterday that sources revealed to them that the Qatar Investment Authority is taking […]