News - Glencore
WEBMay 8, 2024 — News. To get the latest Glencore news as it is announced, search for our RNS financial announcements, or sign up to our news emails. Filter by:
**Glencore (LSE:GLEN) Eyes Major M&A Opportunities Amid …
WEB5 days ago — Glencore (LSE:GLEN) is navigating a dynamic environment marked by both opportunities and challenges. Recent highlights include a notable 31.2% increase in dividend payouts and innovative product...
Glencore signs LNG and natural gas supply deal with KTG and ...
WEBSep 20, 2024 — Under the agreement, Glencore will purchase 2mtpa of LNG for 20 years from Commonwealth LNG, alongside an equivalent supply of natural gas from KTG, based on international pricing.
Glencore slashes dividend in effort to shrink debt - Financial Times
WEBFeb 22, 2024 — Natural resources producer Glencore has slashed its dividend after annual earnings halved because of the easing of turmoil in global commodity markets triggered by the war in Ukraine.
Big investors seek damages from Glencore over ‘untrue …
WEBAug 31, 2023 — Dozens of the world’s biggest asset managers have accused the trading house Glencore of lying in past share prospectuses to cover up corrupt activities, escalating a far-reaching action in...
Acquisition of a 77% interest in Teck’s steelmaking coal ... - Glencore
WEBNov 14, 2023 — Glencore plc (“Glencore”) announces that it has entered into a binding agreement with Teck Resources Limited (“Teck”), for the acquisition of a 77% effective interest in the entirety of Teck’s steelmaking coal business, Elk Valley Resources (“EVR”), for US$6.93 bn in cash, on a cash free debt free basis, subject to a normalised ...
Glencore sets clock ticking on break-up after sealing $9bn Teck deal
WEBNov 14, 2023 — Glencore has set the clock ticking on a break-up of its giant commodities business after clinching a $9bn deal for the coal division of Canada’s Teck Resources.
Glencore Ready to Exit Coal Business After Building Empire on the …
WEBNov 14, 2023 — Glencore Built Its Empire on Coal. Now It’s Preparing to Say Goodbye. Commodity giant plans split after buying Teck coal business; New, combined spinoff company will be listed in New York
Preliminary Results 2022 - Glencore
WEBFeb 15, 2023 — Shareholder returns of $7.1 billion (c.$0.56/share) announced, comprising a proposed $0.40/share ($5.1 billion) base distribution in respect of 2022 cash flows, alongside an additional ‘top-up’ $0.5 billion ($0.04/share) cash distribution and a new $1.5 billion (c$0.12/share) share buyback programme.
Glencore Wins Teck Coal Unit, Paving Way for Its Own Split
WEBNov 14, 2023 — Glencore Plc will buy a majority stake in Teck Resources Ltd.’s coal business, ending a months-long saga that transfixed the mining industry and setting the stage for the commodity giant to exit...