Glencore plc

EGA, Glencore In Talks With Bosnian Government Over Struggling Aluminij Smelter

EGA, Glencore In Talks With Bosnian Government Over Struggling Aluminij Smelter

Talks are underway over the fate of Bosnian aluminium smelter Aluminij d.d. Mostar, as Emirates Global Aluminium PJSC and Glencore plc have both expressed interest to the Bosnian government regarding the formation of a strategic partnership with the struggling plant. According to...

Events

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 […]

Glencore to Trade Interest in Rusal for Stock in En+ Group

Russian Federation energy firm En+ Group announced Wednesday that Glencore plc will acquire stock in the firm after trading back its 8.75-percent interest in U.C. Rusal. The move comes as En+ Group endeavors to raise US$1.5 billion to launch an initial public share offering (IPO) on both the London and Moscow exchanges next month. Experts […]