Glencore faces over $500 million exposure to iron ore trader Radiant World after trading halted due to document issues. Industry sources warn of potential ripple effects across commodity and financial
The FTSE 100 rose, driven by Glencore's strong earnings and gains in mining stocks as copper prices climbed. Oil prices also increased amid hopes for a U.S.-Iran peace deal.
A Dutch court rejected Glencore's attempt to privately buy back its logistics unit Access World Group, citing valuation issues and conflict of interest, potentially forcing a public auction.
AustralianSuper supports Glencore's potential ASX listing, citing better valuation and investor choice. However, the fund remains cautious about mining M&A, prioritizing long-term intrinsic value over
Colombia urged Glencore to negotiate the closure of the Cerrejon coal mine with local authorities to facilitate a transition toward clean energy and workforce retraining. This follows declining produc
Glencore expects its trading unit's full-year core earnings to exceed $3.5 billion guidance as war-driven energy price surges boost profits. Major competitors like Vitol and Trafigura are also reporti
Glencore is reclaiming ownership of logistics firm Access World after the latter defaulted on vendor financing. Access World stores key metals like copper, with regulatory approvals expected by the th
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