Glencore Aktie News

A Russian arbitration court ruled on Monday that four units of Swiss commodities trader Glencore will pay more than 11.4 billion roubles, or some 114.8 million euros, worth of shares in a lawsuit filed by Sberbank , according to the court.

Glencore (LON: GLEN) share price continued its strong recovery this week as investors focused on the commodity sector. The stock surged to a high of 477.60p, its highest point since January 2nd.

Santacruz Silver Mining Ltd (TSX-V:SCZ, OTC:SZSMF) announced it has reached a binding term sheet agreement with certain Glencore entities ("Glencore") to amend transaction documents related to the prior sale of Glencore's Bolivian mining assets to Santacruz. The amendment, dated March 28, 2024, is seen as a significant development for Santacruz, strengthening its balance sheet and providing the...

The firm had a four-point list of suggestions for the mining company.

Nickel spot prices were lower the last month and remain very low causing distress to the nickel miners. Nickel market news - Macquarie - Nickel market surplus just 36,000t this year. Nickel prices may soon recover from Indonesia-induced slump. Nickel company news - Vale to build another $2B HPAL plant in Indonesia. BHP has stood down around a quarter of the workforce building its $1.7B West Mus...

Vanadium pentoxide prices and ferrovanadium prices were generally lower the past month (China vanadium pentoxide was slightly higher). Vanadium market news - China ferro-alloys sectors show muted response to 2024 economy targets. Vanadium stocks are bleeding: Is now the time to buy? Vanadium company news - Largo Inc. reports a net loss for 2023. Australian Vanadium produces 99.9% ‘ultra-high' p...

Cobalt spot prices were flat for the month. LME inventory was flat for the month. Cobalt market news - Elliott Management's Hyperion to seek billion-dollar mining assets as metals demand grows, including metals for EVs and renewable energy. Cobalt miners news - CMOC's 2023 preliminary revenue increased by 7.68% YoY. Jinchuan Group International Resources cobalt sales down 53% YoY and cobalt rev...

A growing group of Glencore investors are keen for it to keep mining coal instead of spinning out the soon-to-be enlarged unit, with one eye on its financial outlook and another on the environmental benefits of keeping the fuel in-house.