OTC Markets OTCPK - Delayed Quote • USD Glencore plc (GLNCY) Follow Compare 9.30 -0.22 (-2.31%) At close: December 13 at 3:56:28 PM EST 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 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. Vitol, Glencore Eye New Fortress’ Jamaica LNG Assets (Bloomberg) -- Vitol Group and Glencore Plc. are considering acquiring New Fortress Energy Inc.’s Jamaican LNG assets, according to people familiar with the matter. Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsNew Fortress, which has faced major project delays and recently refinanced more than $2 billion in debt, has hired Lazard Inc. and Intrepid Financial Partners LLC to explore divestment of 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. Glencore Keeps Guidance After Sequentially Stronger Metals Output Glencore reiterated full-year production targets after reporting its strongest operational quarter this year, while also maintaining an earnings outlook for its marketing division of up to $3.5 billion. Weeding out the weak spots in mining regulations Industry stakeholders are concerned that loopholes in regulations could be exploited amid the race to extract new energy minerals, putting momentum gained on responsible mining at risk. Stocks to watch this week: BP, Shell, Uber, HSBC and Intel Earnings preview of key companies reporting this week and what to look out for. Exclusive-Sanctions delay to Russian zinc mine causes supply miscalculation, sources say Western sanctions on Russia's zinc miner Ozernoye have left it struggling to replace equipment needed to ramp up output, three sources with knowledge of the matter said, meaning mined zinc supply forecasts for 2025 are likely to be too high. Without Ozernoye's substantial contribution to global mined zinc supply next year, a shortage of zinc concentrate - a raw material to make zinc metal, used to galvanise steel, is likely to persist. Concern over tight supplies is one of the drivers that has pushed zinc prices to a 20-month high. FTSE 100, Europe and US markets lower as earnings take centre stage European and US markets fell on Monday as attention turns to megacap earnings such as Tesla, General Motors and Coca-Cola. Metals trader IXM bids to become China’s answer to Glencore Four years ago Kenny Ives was a contender to be the next chief executive of commodity trader Glencore. Instead, as head of trading house IXM... Glencore plc's (LON:GLEN) 3.9% loss last week hit both individual investors who own 41% as well as institutions Key Insights The considerable ownership by retail investors in Glencore indicates that they collectively have a greater... Performance Overview Trailing total returns as of 12/13/2024, which may include dividends or other distributions. Benchmark is FTSE 100 Return GLNCY FTSE 100 YTD -20.51% +7.33% 1-Year -12.80% +10.04% 3-Year +14.97% +13.83%