Glencore

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...

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Events

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

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 […]

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

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) […]

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

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 […]

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

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 […]

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Rio Tinto on Verge of Selling Pacific Aluminium to GFG Alliance

Rio Tinto on Verge of Selling Pacific Aluminium to GFG Alliance

Anglo-Australian mining giant Rio Tinto Group is reportedly in talks with Sanjeev Gupta’s Gupta Family Group (GFG) Alliance for the sale of Rio’s aluminium operations in Australia and New Zealand. A report by the Financial Times indicates that sources tell them that Gupta is flying to Australia to participate in discussions regarding Pacific Aluminium (PacAl) […]

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