Glencore Wins Ruling In Long-Running Federal Antitrust Case
A judge in the United States has limited the scope of an antitrust action against Glencore plc, JPMorgan Chase, and...
Glencore
Mitsubishi To Buy 30 Percent Stake In Glencore’s Aurukun Bauxite Project
Japanese conglomerate Mitsubishi Corporation announced last week an agreement with Glencore plc to take a 30-percent share of the latter’s Aurukun Bauxite Project in Australia. No price terms were given by either party at the time of announcement. Though Mitsubishi currently has...
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...
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...
Events
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$350 million. An anonymous source Reuters characterized as being involved in the banking industry reportedly told […]
Alumina Market Update: Surplus Of Alumina, Lower Prices Expected In 2019
2018 was a turbulent year for both the alumina market and the price, signified by the fact that spot price indexes remained above historic averages for most of the year. 2019, however, has brought calm and stability. The alumina price (both spot and fob) has been trading in the range of US$ 390/t and US$ […]
Glencore Buys 200 Thousand Tons Of Aluminium From ISTIM’s Port Klang Warehouse: Reuters
According to a quintet of sources who spoke to Reuters earlier this week, Anglo–Swiss mining firm Glencore plc has purchased 200 thousand metric tons of aluminium on the London Metal Exchange for delivery at Malaysian warehouses owned by ISTIM UK. Though Glencore ultimately needs the aluminium supply for delivery to an end user, the sources […]
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) […]
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
