DIRS.INFO The most relevant business & tech news

☆ Glencore's ex-head of oil charged with bribery offences by Britain's Serious Fraud Office
▼ + stars: | 2024-08-01 | by ( ) www.cnbc.com time to read: 1 min

An employee stands by a logo for Glencore Agriculture in Glencore Plc's offices in Rotterdam, Netherlands. Glencore's former head of oil Alex Beard has been charged with bribery offences relating to the Swiss commodity trader's operations in Africa, Britain's Serious Fraud Office said on Thursday. Beard, 56, is charged with two conspiracies to make corrupt payments to government officials and officials of state-owned oil companies in Nigeria between 2010 and 2014 and in Cameroon between 2007 and 2014, the SFO said. He is one of five ex-Glencore employees charged with conspiracy to make corrupt payments.

Persons: Glencore's, Alex Beard, Beard Organizations: Glencore Agriculture, SFO Locations: Glencore, Rotterdam , Netherlands, Africa, Nigeria, Cameroon

☆ Stocks making the biggest moves midday: Macy's, MicroStrategy, Coinbase, Nvidia and more
▼ + stars: | 2024-07-05 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Nvidia — Shares of the artificial intelligence darling fell 1% after a rare negative call on Wall Street . New Street Research downgraded Nvidia to hold from buy, citing limited upside given the big run already this year. Crypto stocks — Stocks tied to the cryptocurrency plummeted after the trustee for the now defunct Mt. SoftBank Group , Arm Holdings — U.S. shares of SoftBank rose 5.5% after Japanese shares hit their first record high in 24 years on Thursday. Teck Resources — The stock rose more than 2% after Bloomberg reported Thursday that Canada had approved Glencore's $6.9 billion acquisition of Teck's metallurgical coal business.

Persons: Macy's, Stocks, Energy, CleanSpark, Masayoshi, SoftBank, Nio, Zeekr, Li, Emmanuel Papadakis, Teck, Alex Harring, Jesse Pound Organizations: Nvidia, New, Research, Street Journal, Arkhouse Management, Brigade Capital Management, Marathon, SoftBank, Arm Holdings —, Reuters, Francisco Partners, KKR, —, European Union, Li Auto, Novo Nordisk, Novo Nordisk's Ozempic, Deutsche Bank, Harvard Medical, Bloomberg, Getty Locations: SoftBank, Europe, Novo, Teck

☆ Investor Tribeca presents Glencore with ideas to raise shareholder value – How it may unfold
▼ + stars: | 2024-03-30 | by ( Kenneth Squire | ) www.cnbc.com time to read: +10 min

Tribeca has been a shareholder of Glencore for seven years and has been engaging with management for a year. The company has excellent core asset quality in copper, zinc and coal, as well as a world-leading commodity trading business. Notably, Bluebell Capital Partners agitated for a demerger of Glencore's thermal coal business in 2021. However, in 2023, after acquiring a 77% interest in Teck's steelmaking coal business, Glencore stated its intention to demerge its combined coal and carbon steel businesses. The same can be said for the divestment of the trading business.

Persons: Glencore, David Aylward, Gary Nagle, astutely, Berkshire Hathaway, Ivan Glasenberg, Ken Squire Organizations: Glencore, Tribeca Investment Partners, Tribeca, Financial Times, Australian Securities Exchange, London Stock Exchange, BHP, Rio Tinto, Bluebell Capital Partners, LSE, Rio, NYSE, 13D Locations: Switzerland, Australia, Africa, South America, Sydney, Melbourne, Singapore, London, Tribeca, Glencore, Swiss, Rio, Europe, cyclicality, Berkshire

☆ Glencore's 2023 earnings halve on lower commodity prices
▼ + stars: | 2024-02-21 | by ( ) www.cnbc.com time to read: +1 min

An employee stands by a logo for Glencore Agriculture in Glencore Plc's offices in Rotterdam, Netherlands. Glencore said on Wednesday lower commodity prices had halved its earnings last year, and slashed its payout to investors, as the company saves to fund the acquisition of a 77% stake in Teck Resources' metallurgical coal business. After two consecutive record years, adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) halved to $17.1 billion from $34.1 billion a year earlier, in line with analysts' consensus estimates of $17.15 billion. In preliminary 2023 results, the miner and trader said net debt stood at $4.92 billion at the end of the year, from just $75 million at the end of 2022. London-listed Glencore's payout of $1.6 billion announced on Wednesday does not include a new buyback scheme, after the existing one ends this month, nor a special dividend, as the company uses its cash to fund the $6.9 billion acquisition of Canadian miner Teck's steelmaking coal unit.

Persons: Glencore Organizations: Glencore Agriculture Locations: Glencore, Rotterdam , Netherlands, Teck Resources, London

The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsROME, Nov 23 (Reuters) - Glencore (GLEN.L) has decided to build a pilot project for an electric vehicle (EV) battery recycling plant outside of Italy, but still has its eye on the island of Sardinia for a larger facility, the Swiss mining group said on Thursday. "This development does not immediately impact the feasibility assessment of the larger hub project," Glencore said in an emailed statement. This initiative is important for our recycling strategy and aligns with Italy's objectives for sustainable industry development," the group added. The Swiss group did not specify where it would build the pilot plant.

Persons: Arnd, Glencore, Li, Francesca Landini, Jan Harvey, Keith Weir Organizations: REUTERS, Rights, Union, Hub, Reuters, UIL, Thomson Locations: Baar, Switzerland, Italy, Sardinia, Swiss, Portovesme, Europe, North America, Sardinian, CISL

Asia's imports of seaborne thermal coal climbed to 75.77 million metric tons in October from 70.29 million in September, according to data compiled by commodity analysts Kpler. The October volume was also above the 69.63 million metric tons imported in the same month last year. While physical demand for seaborne thermal coal is solid in Asia, the same can't be said for prices. China mainly buys thermal coal from the two biggest exporters, Indonesia and Australia. Overall, the combination of weaker Chinese domestic prices and waning European demand may prove sufficient to keep pressure on seaborne thermal coal prices in Asia, even if volumes remain solid.

Persons: Loren Elliott, Shri Navaratnam Organizations: Rights, Argus, Newcastle, Reuters, Thomson Locations: Owen, Ravensworth, Australia, Rights LAUNCESTON, Asia, China, India, Japan, South Korea, Indonesia, Beijing, Canberra, Europe, Ukraine, Turkey, South Africa, U.S

☆ Glencore may look elsewhere for recycling hub after Italy rejects fast-track approval
▼ + stars: | 2023-10-01 | by ( ) www.reuters.com time to read: +2 min

The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsMILAN, Oct 1 (Reuters) - Glencore Plc (GLEN.L) may look at alternative options for a recycling hub in Europe for electric car batteries after the Italian region of Sardinia rejected a fast-track approval process for its pilot project, the mining company said. The companies said they would set up the hub in Portovesme, in Sardinia, by re-purposing Glencore's existing production sites on the island. Sardinia's regional government said on Friday the pilot project for the recycling hub could not be granted a fast-track approval process. "Glencore may consider alternative options for a European battery materials processing hub if the unnecessary extension of the approval process results in a delayed timeline that makes the project economically unviable," it said.

Persons: Arnd, Glencore, Francesca Landini, Jane Merriman Organizations: REUTERS, Glencore, Cycle Holdings, Thomson Locations: Baar, Switzerland, Europe, Italian, Sardinia, Italy, Portovesme

☆ BlackRock voted against Glencore's climate progress report
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +2 min

A specialist trader works at the post where BlackRock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2022. REUTERS/Brendan McDermid Acquire Licensing RightsCompanies BlackRock Inc FollowGlencore PLC FollowLONDON, Sept 6 (Reuters) - Major Glencore shareholder BlackRock Inc (BLK.N) was among investors to reject the mining giant's (GLEN.L) climate progress report at its annual meeting in May, citing inconsistencies, a voting disclosure page on the asset manager's website shows. BlackRock allows many clients to cast their own votes at companies' annual general meetings. The page also showed BlackRock did not back a shareholder resolution seeking more disclosure on progress in scaling back thermal coal production, which got 29% support, without saying why. But BlackRock in August reported a further decline in its support for shareholder resolutions on environmental and social themes, citing corporate progress on the areas and poorly crafted measures.

Persons: Brendan McDermid, Glencore, company's, Clara Denina, Simon Jessop, Josie Kao Organizations: BlackRock, New York Stock Exchange, REUTERS, BlackRock Inc, BIS, Thomson Locations: New York City, U.S, Paris

An employee of a private security company stands in front of the logo of commodities trader Glencore during the company's annual shareholder meeting in Cham, Switzerland May 24, 2017. Analysts at Deutsche Bank had expected half-year earnings of $9.9 billion, while Citi's estimate was $11.4 billion. The company announced additional returns of around $2.2 billion, including a $1 billion special dividend and a $1.2 billion share buyback programme that will run until February 2024. Glencore in June offered to buy Teck's coal business as a standalone unit, having been rebuffed twice in its $22.5 billon bid to combine the two companies. As part of the deal, Glencore would spin-off and merge its thermal coal business with Teck's steelmaking coal one to form a separate New York-listed company.

Persons: Arnd, Glencore, Gary Nagle, Nagle, MARA, didn't, Bunge, Clara Denina, Pratima Desai, Kirsten Donovan Organizations: REUTERS, Canada's, Canada's Teck Resources, Tinto, Teck Resources, Deutsche Bank, Citi, U.S, Thomson Locations: Cham, Switzerland, Canada's Teck, Teck, China, New York, London, U.S

☆ Peru's Boluarte calls protests 'threat to democracy,' key mining zones to back them
▼ + stars: | 2023-07-18 | by ( ) www.reuters.com time to read: +1 min

[1/2] Demonstrators participate in a march called by Peru's General Workers Union against President Dina Boluarte's administration, in Lima, Peru, March 9, 2023. REUTERS/Alessandro Cinque/File PhotoLIMA, July 18 (Reuters) - Peru's President Dina Boluarte said on Tuesday that anti-government protests expected to begin this week are "a threat to democracy and the rule of law," seven months after the ousting of her predecessor launched months of deadly protests. Key mining areas in Peru are planning to support a new round of anti-government protests, said Jose de Echave, the head of environmental NGO CooperAccion, who added that groups of miners from the Andean country's key copper mining corridor are set to arrive in Lima. Peru's is the world's second-largest copper producer and its mining corridor in Condoroma, Cusco, is used by MMG's . Reporting by Marco Aquino; Writing by Sarah Morland; Editing by Alexander Villegas, William MacleanOur Standards: The Thomson Reuters Trust Principles.

Persons: Dina Boluarte's, Alessandro Cinque, LIMA, Dina Boluarte, Boluarte, Pedro Castillo, Jose de Echave, Peru's, Marco Aquino, Sarah Morland, Alexander Villegas, William Maclean Organizations: Peru's General Workers Union, REUTERS, HK, Thomson Locations: Lima , Peru, Peru, Lima, Condoroma, Cusco

☆ Glencore proposes to buy remaining stake of PolyMet
▼ + stars: | 2023-07-03 | by ( ) www.reuters.com time to read: 1 min

July 3 (Reuters) - Glencore Plc (GLEN.L) said on Monday it had proposed to buy the remaining stake in copper miner PolyMet Mining (PLM.A) it does not already own for about $71 million. The Swiss commodity trader already owns 82.26% of PolyMet. Glencore's non-binding cash offer of $2.11 per share values PolyMet at about $410 million, according to Reuters calculation. Shares of PolyMet more than doubled in premarket trading to $1.87. Reporting by Tanay Dhumal in Bengaluru; Editing by Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.

Persons: Tanay, Shilpi Majumdar Organizations: Glencore, Canada's Teck Resources, Thomson Locations: Swiss, Glencore, Bengaluru

☆ UK SFO delays decision on whether to charge Glencore staff until year-end
▼ + stars: | 2023-06-26 | by ( ) www.reuters.com time to read: +1 min

The SFO is investigating former employees of Glencore's UK subsidiary Glencore Energy UK Limited over potential criminal offences in relation to its operations in West Africa. The ex-Glencore employees who are under investigation by the SFO have been granted anonymity pending a decision by the SFO on whether to bring criminal charges. Glencore's UK subsidiary last year admitted seven bribery offences related to paying – or failing to prevent the payment of – millions of dollars in bribes to officials in Cameroon, Equatorial Guinea, Ivory Coast, Nigeria and South Sudan. At its sentencing in November, prosecutors told the court that Glencore employees and agents used private jets to transfer cash to pay bribes to officials in Cameroon and South Sudan. Glencore was ordered to pay a total penalty of 276.4 million pounds ($352 million) for its offending, which the sentencing judge described as "endemic" corruption.

Persons: Alexandra Healy, Glencore, Sam Tobin, Christina Fincher Organizations: SFO, Glencore's, Glencore Energy, Limited, Glencore, London's, London's Southwark Crown, Thomson Locations: London, West Africa, London's Southwark, Cameroon, Equatorial Guinea, Ivory Coast, Nigeria, South Sudan

☆ Glencore makes offer for Teck's steelmaking coal business
▼ + stars: | 2023-06-12 | by ( Clara Denina | ) www.reuters.com time to read: +2 min

LONDON, June 12 (Reuters) - Glencore (GLEN.L) on Monday offered to buy Teck Resources' (TECKb.TO) steelmaking coal business as a standalone unit, after the Canadian miner twice rebuffed its $22.5 billon offer to combine the two companies. "It would provide Teck with a cleaner exit from coal and allow Glencore to split its own business into CoalCo and MetalsCo." Glencore's CEO Gary Nagle in May said buying Teck's coal business as a standalone unit was a "distant second" for the Swiss mining company, as it still pursues its merger plans. Teck's steelmaking coal mines are among few left in the world, making them attractive to Glencore, as global efforts to phase out coal-fired power generation gather momentum. As part of its original proposal, Glencore offered up to $8.2 billion in cash to Teck shareholders who may not want exposure to thermal coal.

Persons: Teck, Gary Nagle, May, Pierre Lassonde, Glencore, Clara Denina, Eva Mathews, Dhanya Ann, Kirsten Donovan, Barbara Lewis Organizations: Teck Resources, Teck Metals, Deutsche Bank, Nippon Steel Corporation, Thomson Locations: Teck, CoalCo, Swiss

☆ Glencore, automakers to back $1 bln nickel, copper SPAC deal in Brazil
▼ + stars: | 2023-06-12 | by ( ) www.reuters.com time to read: +3 min

[1/2] The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, September 30, 2015. Glencore will invest $100 million in ACG equity. Stellantis and mining investment fund La Mancha Resource Capital will each provide an equity investment of the same amount, while PowerCo will make a $100 million nickel prepayment. During the process, ACG will become ACG Electric Metals and issue new shares, making Glencore, Stellantis and La Mancha owners of 51% and leaving 49% for free float, Artem Volynets, ACG chief executive, told Reuters. The deal "will establish ACG Electric Metals as a premier supplier of critical metals into the western EV value chain," Volynets said.

Persons: Arnd, ACG, Mick Davis, PowerCo, Artem Volynets, Appian, Sibanye, Volynets, En, Rusal, Polina Devitt, Clara Denina, Kirsten Donovan, Jason Neely Organizations: REUTERS, Chrysler, Company, Santa, Appian, Chartered, Citigroup, Blue Resources, Metals Acquisition Corp, Glencore, La, La Mancha Resource, Metals, Reuters, South Africa's, Hong, Thomson Locations: Baar, Switzerland, Brazil, London, New York, Western Europe, North America, La Mancha, Stillwater, Santa Rita, Hong Kong

☆ Rare shipment of U.S. oil heads to South Africa for Glencore refinery
▼ + stars: | 2023-05-19 | by ( Arathy Somasekhar | ) www.reuters.com time to read: +2 min

South Africa gets most of its oil from West and Central Africa as well as Saudi Arabia, according to Kpler data. The last shipment of U.S. oil went to South Africa in May 2021, U.S. customs data showed. Glencore's majority-owned Astron Energy restarted production at its 100,000 barrel per day Cape Town refinery nearly three years after a deadly explosion shuttered operations and killed two workers. Astron, which has the second-largest retail fuel network in southern Africa, receives its oil from tankers discharging in Saldanha Bay and transports the oil to the Cape Town refinery via pipeline, according to the refiner's website. Reporting by Arathy Somasekhar in Houston, additional reporting by Wendell Roelf in Cape Town; Editing by Cynthia OstermanOur Standards: The Thomson Reuters Trust Principles.

☆ Buying Teck's coal unit as a standalone a 'distant second' for Glencore - CEO
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +2 min

LONDON, May 16 (Reuters) - Buying Teck Resources' (TECKb.TO) coal business as a standalone unit is a "distant second" for Glencore (GLEN.L) and Teck should not leave out the Swiss miner if it keeps pursuing its separation plan, boss Gary Nagle told the Bank of America conference in Barcelona on Tuesday. Teck has rebuffed the Swiss miner and trader's $22.5 billon offer to combine the two companies, instead pursuing plans to separate its copper and coal business. Glencore's plan would combine and spin off its thermal coal unit and Teck's steelmaking coal business. As part of its proposal, Glencore has offered up to $8.2 billion in cash to Teck shareholders who may not want exposure to thermal coal, the most polluting fossil fuel. Reporting by Clara Denina, additional reporting by Pratima Desai; editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.

The Canadian pension funds have benchmarked their investments to that level, according to the presentation. Australian pension funds have invested about 50% of their total assets in domestic equities, according to the presentation. China Investment Corp is Teck's single-biggest institutional investor with a 10.3% stake, and Norway's wealth fund, Norges Bank, owns 1.52%, while Canadian pensions together hold 0.78% stake, according to Refinitiv data. All other pension funds did not respond to Reuters request for comments. Canadian pension funds represent 30% of the total financial savings of Canadians.

TORONTO, May 9 (Reuters) - Pierre Lassonde, a Canadian mining industry veteran, has made an offer to invest in Teck Resources Ltd's (TECKb.TO) coal business, in a bid to thwart Glencore Plc's (GLEN.L) hostile attempt to merge with Teck. Vancouver-based Teck has rebuffed Swiss mining company Glencore's $22.5 billon offer to combine the two companies and is instead pursing plans to separate its copper and coal business. Teck last month pulled its initial business separation plan at the last minute after failing to secure enough shareholder support. Glencore has offered a cash component for Teck's coal business worth C$8 billion ($5.98 billion). A source close to the matter said that an alternative offer for Teck's steelmaking coal business might push the Swiss conglomerate to finally make an improved offer.

☆ Red metal rising: Argentina sets lofty sights on global copper top 10
▼ + stars: | 2023-05-08 | by ( Lucila Sigal | ) www.reuters.com time to read: +4 min

The South American country has a pipeline of copper projects that could produce 793,000 tonnes a year by the end of the decade, government forecasts show, well below neighboring No. Reuters GraphicsBRIDGING THE DEMAND GAPSan Juan is home to five of Argentina's eight main copper projects that have a total capex of $22 billion, a recent government report shows. Argentina has an estimated 65 million tonnes of copper reserves, according to a 2022 government report, some 3% of the global total. "The projects we have are of global importance and relevance because it's estimated that demand for copper between now and 2050 could be multiplied," he said. Copper demand is forecast to double to 50 million tonnes by 2050 from 2020 levels.

SummarySummary Companies Investors seeking more information on thermal coal plansGlencore calls on shareholders to reject resolutionLGIM's Marks says 'fundamental lack of willingness to engage'LONDON, May 5 (Reuters) - Investors pushing for more transparency on miner Glencore's (GLEN.L) thermal coal production said its decision not to support a shareholder resolution on the topic showed a "fundamental lack of willingness to engage". Unlike its peers, Glencore mines and trades thermal coal, the fossil fuel used to generate electricity. It has said it plans to responsibly run down its coal mines by the mid-2040s, closing at least 12 by 2035. "There is a fundamental lack of willingness to engage," said Michael Marks, LGIM's Head of Investment Stewardship and Responsible Investment Integration. Just 24% of investors voted against Glencore's climate progress report at the miner and trader's 2022 AGM, with some citing slow progress in scaling back coal production.

Barrick has been building its copper business organically and said it is exploring copper drilling opportunities in countries such as Chile and Argentina. "We have always said that if you want to be relevant as a gold miner you have to be in copper business," Bristow added. Gold is often a byproduct of copper, a critical metal required for electrification and the transition to a greener economy. Teck last month withdrew its plan to split its coal and metals business after it failed to secure shareholders' approval. Bristow said Glencore's proposal made a "lot of sense" as Glencore could handle Teck's debt and had offered a clean split of Teck's business.

☆ Glencore says takeover bid for Teck Resources still stands
▼ + stars: | 2023-04-27 | by ( Clara Denina | ) www.reuters.com time to read: +1 min

April 27 (Reuters) - Glencore Plc (GLEN.L) said on Thursday its takeover bid for Teck Resources Ltd (TECKb.TO) still stands, after the Canadian miner scrapped a restructuring plan that would have ended it. It chief executive, Jonathan Price, repeated on Wednesday his objection to Glencore's bid, saying he would "not engage in something that is a distraction". Glencore's plan would combine and spin off its thermal coal unit and Teck's steelmaking coal business, while rebranding the rest of the operations as GlenTeck. Glencore also said it "remains committed to ensuring that its proposal delivers real benefits to Canada." On Monday, Chrystia Freeland, Canada's deputy prime minister, said Teck should remain headquartered there, providing the clearest indication to date that Ottawa was closely watching the takeover battle.

☆ Teck Resources withdraws restructuring ahead of vote, as Glencore circles
▼ + stars: | 2023-04-26 | by ( ) www.reuters.com time to read: +2 min

April 26 (Reuters) - Teck Resources Ltd (TECKb.TO), the target of an unsolicited takeover bid by Glencore (GLEN.L), on Wednesday said it has withdrawn a proposed restructuring plan just hours ahead of a shareholder vote on it. The Vancouver-based miner operates under a dual-class structure and would need approval from two-thirds of shareholders on both sides for the restructuring. "Glencore's rejected proposals remain a non-starter, with the same flawed structure and material execution risks identified by our Board," Teck boss Jonathan Price said. Glencore's plan would combine and spin off its thermal coal unit and Teck's steelmaking coal business, while rebranding the rest of the operations as GlenTeck. Letko added that internally, some of its employees were divided on whether the deal would succeed or not.

☆ Norway sovereign fund backs Teck Resources in battle with Glencore
▼ + stars: | 2023-04-21 | by ( ) www.reuters.com time to read: +1 min

[1/3] The logo of the Canadian mining company Teck Resources Limited is displayed as people visit the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023. REUTERS/Chris Helgren/File PhotoOSLO, April 21 (Reuters) - Norway's sovereign wealth fund, one of the world's largest investors, said on Friday it will support a plan by Canadian miner Teck Resources (TECKb.TO) to spin off its metallurgical coal business and focus on copper and zinc. Glencore on Wednesday said it was willing to improve its $22.5 billion offer for Teck, raising pressure on the Canadian miner to ditch a restructuring plan and sit down at the negotiating table. But the Norwegian sovereign wealth fund, which does not own shares in Glencore due to the Swiss company's large thermal coal business, said it would vote in favour of Teck's plan. The Norwegian fund at the end of 2022, the last available data, owned a 1.48% stake in Teck Resources worth $287 million, while its share of voting rights under the miner's dual-class share structure stood at 0.59%.

☆ Glencore in hot pursuit of Teck with eyes on copper assets
▼ + stars: | 2023-04-19 | by ( ) www.reuters.com time to read: 1 min

April 19 (Reuters) - Swiss miner Glencore Plc (GLEN.L) said on Wednesday it was willing to raise its bid for Canada's Teck Resources Ltd (TECKb.TO), its latest attempt to bring the Canadian miner on the negotiation table ahead of restructuring. Teck has repeatedly rejected Glencore's offer and instead urged shareholders to vote for the company's own plan to split its coal and copper businesses. Here is the snapshot of key events in the Teck-Glencore saga so far. Reporting by Sourasis Bose in Bengaluru; Editing by Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.

Search resuls for: "Glencore's"

25 mentions found