Glencore plc

Aluminij To Ink Twin Deals For Zero-Carbon Aluminium Project

Aluminij To Ink Twin Deals For Zero-Carbon Aluminium Project

Bosnian aluminium firm Aluminij has entered US$141.2 million in deals aimed at creating a zero-carbon aluminium product. Today the firm is scheduled to sign a deal with Glencore to build a 60 mW solar power project and aluminium recycling facility. Also planned...


Glencore To Buy Aluminium From Rusal: Sources

Sources claiming knowledge of the situation say Glencore plc will buy aluminium for embattled Russian aluminium firm UC Rusal according to comments published in a wire service. Reuters reported on Thursday that two individuals with direct knowledge of the situation informed them of Glencore’s decision. Those sources also indicated that only about a tenth of […]

Glencore Ships Russian Aluminium To LME Warehouses: Reuters

News agency Reuters reported on Tuesday that Glencore plc has delivered significant amounts of aluminium from Russia to warehouses in the Republic of Korea (South Korea) registered to the London Metal Exchange and originating from UC Rusal. Two sources claiming knowledge of the situation told Reuters this week that the shipments of Rusal’s aluminium arrived […]

Aluminium Dunkerque Signs Several New Deals With Glencore

Europe’s largest aluminium smelter has agreed to buy feedstock alumina from Anglo-Swiss metals miner Glencore plc, widening its supply pipeline from its original alumina supplier Trafigura. Aluminium Dunkerque also signed a new deal to sell primary aluminium to Glencore, which it has already been marketing metal to prior to these new deals. The contracts begin […]

Glencore Mulling Sale Of Its Share In Rusal’s Parent Company En+ Group

Anglo-Swiss metals miner Glencore plc announced earlier this week that it is conducting a review of all of its business dealings with Russian firms, including the equity stakes it has in Russian aluminium giant UC Rusal’s parent company En+ Group. Glencore currently has a 10.5-percent share in Rusal’s parent company. However, the firm downplayed its […]

Sanjeev Gupta’s GFG Alliance Under Investigation By French Officials For Dunkirk Aluminium Smelter Funding Deal

Sanjeev Gupta’s GFG Alliance is facing an investigation by French authorities into allegations that the firm may have been involved in misuse of corporate assets and money laundering, among other charges. This week’s revelation is yet another blow to GFG Alliance, which has been navigating the stormiest of seas since major financial backer Greensill Capital […]