Glencore

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

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...

Events

Aluminij Mostar Inks Aluminium Billet Offtake Agreement With Glencore

Bosnian aluminium smelter Aluminij d.d. Mostar signed a five-year deal this week with British-Swiss firm Glencore plc for the supply of aluminium billet. No details of the deal beyond its term were released to the press. The two firms have been partners for several years, reported local media, with the relationship predating the 15-month halt […]

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 domestic reportage, EGA is in the early stages of developing a plan for […]

Sources Say Glencore And Liberty House Among Trio Of Potential Buyers Of Rio Tinto’s Iceland Aluminium Assets

Sources revealed to Reuters late last week that at least three companies, including Glencore plc, have shown a strong interest in purchasing Anglo-Australian mining giant Rio Tinto Group’s aluminium operations in Iceland, Sweden, and the Netherlands for up to US$350 million. An anonymous source Reuters characterized as being involved in the banking industry reportedly told […]