LSE - Delayed Quote • GBp Glencore plc (GLEN.L) Follow Compare 358.70 -7.00 (-1.91%) At close: January 10 at 6:12:31 PM GMT All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Glencore Loses Senior Aluminum Traders to Rivals Vitol, Mercuria (Bloomberg) -- Two of the top traders in Glencore Plc’s aluminum department are leaving for Vitol Group and Mercuria Energy Group Ltd — the latest sign of how a return into metals by energy firms is fueling a talent war in the sector.Most Read from BloombergNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Can State Several Insiders Invested In Glencore Flagging Positive News Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying... London closes higher as Wall Street eyes New Year comeback Markets are eyeing a comeback after a year-end slide dented hopes for a 'Santa Claus rally'. Shell Halts Oil Processing at Pulau Bukom for Leak Investigation SHEL halts operations at its Pulau Bukom refinery in Singapore due to a suspected oil leak, ensuring minimal environmental impact. FTSE 100 up and US stocks take a knock after Christmas break US markets went on Friday, as traders head into the final trading week of 2024. Glencore Boosts Middle East Oil Buying for Singapore Bukom Plant (Bloomberg) -- Glencore Plc has emerged as an active buyer of spot oil cargoes from the Middle East this month, as the merchant starts procuring crude for the Bukom refinery in Singapore, according to traders.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalThe company purchased three cargoes of Qatar’s Al-Shaheen grade and at least one of Abu Dhabi’s Upper Zakum, the traders said, asking not to Glencore in Talks to Sell Its Philippine Copper Smelting Unit (Bloomberg) -- Glencore Plc is in talks to sell its copper business in the Philippines as the metal’s smelting industry reels from the lowest processing fees on record. Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousThe commodities giant is discussions with at least one domestic buyer for the unit, according to people familiar with the situation who declined to be identified as the talks are private. The negotiations are ongoing, and there is no guarantee Glencore Hires Ex-BP Oil Trader for Top Crude Job in Asia (Bloomberg) -- Glencore Plc has hired ex-BP Plc trader Aditya Ravavarapu to lead its Asian crude oil trading team out of Singapore, according to people with knowledge of the matter.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfCity Hall Is HiringLondon’s Tube Fares Are Set to Rise by 4.6% Next YearAmerican Institute of Architects CEO ResignsRavavarapu is currently on gardening leave and will start with Glencore in January, Glencore ties up with Cyclic Materials in copper recycling push Canadian rare earth and metals recycler Cyclic Materials Inc. will supply at least 10 thousand metric tones of recycled copper to Glencore as the Swiss miner looks to secure copper that is expected to soar in demand in the coming years, Cyclic Materials' CEO said. As part of a multi-year agreement, Cyclic Materials will sell copper scrap to Glencore, which will process and refine the metal at its Horne smelter and Copper Refinery in Quebec to turn it into copper cathodes. The Horne smelter is North America's largest recycler of copper and precious metals, according to Glencore. Investors Will Want Glencore's (LON:GLEN) Growth In ROCE To Persist What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly... PGE makes financial close on Sonvanger solar PV plant, South Africa The company will deliver sustainable power to Glencore Merafe Ferrochrome smelters. Carnaby Resources to acquire Trekelano deposit in Australia, raises $11m for acquisition The acquisition includes three mining leases: ML90128, ML90125 and ML90183. Your Junk Is Needed for the New Electric Era ROUYN-NORANDA, Quebec—One of the world’s largest miners is digging into America’s junk drawers, old phones and landfills. The quarry: bits of copper to meet the needs of the energy transition and data boom. Shredded cellphones, obsolete computer cables and chewed-up cars are heaped 30 feet high outside Glencore 97-year-old copper smelter deep in Canada’s sparsely populated boreal forest. Glencore’s Lomas Bayas Partners with Ceibo to Accelerate Access to Clean Copper NEW YORK & SANTIAGO, Chile, November 19, 2024--Ceibo, a clean copper extraction technology company, and Glencore‘s (GB:GLEN) Lomas Bayas Mining Company have entered into a partnership to deploy Ceibo’s proprietary leaching technologies that enable a more effective extraction of copper from low-grade sulfides at one of Chile’s leading mines. Lomas Bayas has validated Ceibo’s technology and is moving toward scaling up to assess this as an alternative to extend the life of their mining operations. Update: Market Chatter: Shell on Track to Sell Singapore Refinery to Chandra Asi, Glencore Update: Market Chatter: Shell on Track to Sell Singapore Refinery to Chandra Asi, Glencore Exclusive-Glencore-Chandra Singapore refinery to earmark 20% of output for Shell, sources say Glencore and Chandra Asri, gearing up to complete their takeover of Shell's landmark Singapore refinery, have set up a new operating company and will earmark roughly 20% of output for the plant's outgoing owner, sources familiar with the matter said. The venture has lined up long-term crude supply from Abu Dhabi National Oil Co (ADNOC) and is in talks with other producers for more, one of the sources said. The joint venture, called CAPGC and majority-owned by Indonesia-based petrochemicals firm Chandra Asri, is on track to close its acquisition in the first quarter of 2025 pending regulatory approval, a Shell spokesperson said - later than its earlier targeted completion by the end of this year. Exclusive-Washington seals $475 million loan for battery recycler Li-Cycle ahead of Trump's arrival The U.S. Department of Energy on Thursday finalized a $475 million loan for Li-Cycle Holdings, giving the metals recycler a financial lifeline to build a New York battery processing facility seen as key to outgoing President Joe Biden's vision for a domestic electric vehicle supply chain. The loan for the plant, which would be one of the largest U.S. sources of the battery metal lithium, also cements a key part of Biden's climate agenda, ensuring the company receives government financial support regardless of any steps that President-elect Donald Trump may take when he assumes office in January. Concerns that Trump could try to slow Washington's financial support for the renewable energy transition have spooked investors since his Tuesday victory. Calculating The Fair Value Of Glencore plc (LON:GLEN) Key Insights Using the 2 Stage Free Cash Flow to Equity, Glencore fair value estimate is UK£5.01 With UK£4.10 share... Glencore secures offtake rights for Rovina Valley project in Romania The agreement gives Glencore the right of first refusal for an offtake agreement regarding the project's production. Trending tickers: Alphabet, AMD, Microsoft, Reddit and Snap The latest investor updates on stocks that are trending on Wednesday. Performance Overview Trailing total returns as of 1/10/2025, which may include dividends or other distributions. Benchmark is FTSE 100 Return GLEN.L FTSE 100 YTD +1.82% +1.57% 1-Year -18.72% +7.35% 3-Year +4.80% +10.20%