Deutsche Bank Says Glencore May Consider Switching Listing to US
Glencore Plc may consider switching its primary listing from London to New York, analysts at Deutsche Bank AG predicted
Glencore Plc may consider switching its primary listing from London to New York, analysts at Deutsche Bank AG predicted
Investors advocate for Glencore (GLEN.L) to retain coal mining assets, citing financial prospects and environmental benefits.
Australia’s biggest thermal coal producer, Glencore, has withdrawn a promise to keep annual coal production below 150 million tonnes
A growing group of Glencore opens new tab investors are keen for it to keep mining coal instead of spinning out the soon-to-be enlarged unit
The cost of cleaning Elk Valley river from the toxic materials released by Teck Resources’ coal mining could be at least $4.7 billion
In a bold move that underscores the power of activist investing, Glencore International AG is under pressure from a prominent hedge fund
Canadian miner Teck Resources plans to close the sale of its steel-making coal unit to Glencore no later than the third quarter of 2024
Glencore CEO Gary Nagle stated that fossil fuels remain vital for the energy transition until renewable sources are fully integrated.
Surge in coking coal futures prices on Feb 21st was triggered by reports suggesting that Shanxi Lu’an, one of China’s major coal producers
Glencore’s coal division saw a significant drop in earnings in 2023, with adjusted EBITDA falling to $7.97B compared to $17.92B in 2022
Colombia’s second largest coal producer Cerrejon and the company’s largest union Sintracarbon ended 40 days of negotiations
Glencore Plc reported a steep drop in annual profit and lowered its dividend, after markets retreated from the price spikes