As of 3:02:47 PM EST. Market Open.
(Alliance News) - Shares in Technology Minerals PLC more than tripled on Tuesday morning after it announced an offtake agreement with Glencore PLC for the output of its battery recycling operations.
Glencore was for many years the clear leader in metals trading, boasting in its 2011 IPO prospectus that it handled 50% or more of the “addressable” markets for some metals.
Two of the top traders in Glencore Plc’s aluminum department are leaving for Vitol Group and Mercuria Energy Group Ltd — the latest sign of how a return into metals by energy firms is fueling ...
Jefferies lowered the firm’s price target on Glencore (GLNCY) to 450 GBp from 550 GBp and keeps a Buy rating on the shares. The firm believes idiosyncratic factors will drive share price ...
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Glencore Plc is in talks to sell its copper business in the Philippines as the metal’s smelting industry reels from the lowest processing fees on record. The commodities giant is discussions ...
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Commodities giant Glencore has been snapping up spot cargoes of Middle Eastern crude to ship to its recently acquired refinery in Singapore. Trading sources told Bloomberg that at least four ...