Excellon Resources Inc (TSX:EXN, OTCQB:EXNRF) said on Friday it has signed a non-binding agreement with subsidiaries of Glencore PLC (LSE:GLEN) to support the restart of its Mallay Silver Mine in Peru. The agreement includes a pre-export finance loan facility and a concentrate offtake deal, which together are expected to provide the core funding for the mine's rehabilitation and restart.
Cobalt Holdings has confirmed its intention to float on the main market of the London Stock Exchange, with backing from major cornerstone investors including Glencore PLC (LSE:GLEN) and Anchorage Capital. The flotation, expected to take place around 10 June, will include a primary issue of new shares targeting institutional investors globally, as well as UK retail investors through the platform RetailBook.
Glencore's dual focus on coal and commodities trading creates two robust cash-generating engines, supporting a strong investment case despite past share underperformance. Recent coal acquisitions, especially Cerrejón and Elk Valley Resources, have delivered outsized returns, transforming coal into Glencore's largest EBITDA contributor. Shareholders overwhelmingly backed retaining coal assets, favoring consolidated cash flows over a spinoff, reflecting confidence in management's capital allocation.
![]() GLCNF In 2 months Announced | Other | $0.05 Per Share |
![]() GLCNF 1 month ago Announced | Other | $0.05 Per Share |
![]() GLCNF 9 months ago Paid | Other | $0.07 Per Share |
![]() GLCNF 9 months ago | Other | $0.07 Per Share |
![]() GLCNF 2 May 2024 Paid | Other | $0.07 Per Share |
6 Aug 2025 (64 Days) Date | | - Cons. EPS | - EPS |
19 Feb 2025 Date | | - Cons. EPS | - EPS |
30 Oct 2024 Date | | - Cons. EPS | - EPS |
7 Aug 2024 Date | | - Cons. EPS | - EPS |
29 May 2024 Date | | - Cons. EPS | - EPS |
![]() GLCNF In 2 months Announced | Other | $0.05 Per Share |
![]() GLCNF 1 month ago Announced | Other | $0.05 Per Share |
![]() GLCNF 9 months ago Paid | Other | $0.07 Per Share |
![]() GLCNF 9 months ago | Other | $0.07 Per Share |
![]() GLCNF 2 May 2024 Paid | Other | $0.07 Per Share |
6 Aug 2025 (64 Days) Date | | - Cons. EPS | - EPS |
19 Feb 2025 Date | | - Cons. EPS | - EPS |
30 Oct 2024 Date | | - Cons. EPS | - EPS |
7 Aug 2024 Date | | - Cons. EPS | - EPS |
29 May 2024 Date | | - Cons. EPS | - EPS |
Industrial Materials Industry | Basic Materials Sector | Mr. Gary Nagle C.A. CEO | OTC PINK Exchange | JE00B4T3BW64 ISIN |
CH Country | 84,146 Employees | 29 Aug 2025 Last Dividend | - Last Split | - IPO Date |
Founded in 1974 and headquartered in Baar, Switzerland, Glencore plc stands as a global leader in the commodities sector, specializing in the acquisition, production, refinement, processing, storage, transportation, and marketing of metals, minerals, and energy products. With operations sprawling across the Americas, Europe, Asia, Africa, and Oceania, Glencore operates under two main segments: Marketing Activities and Industrial Activities. This dual-structure enables the company not only to produce and market a diverse range of commodities but also to offer an array of services to both third-party producers and industrial consumers, encompassing financing, logistics, and more.
Glencore is involved in the production and marketing of a wide array of base and industrial metals, and minerals. This includes copper, cobalt, lead, nickel, zinc, chrome ore, ferrochrome, vanadium, aluminum, alumina, and iron ore. These products are pivotal in various industries, including battery manufacturing, electronics, construction, and automotive, indicating Glencore's integral role in global supply chains.
The company's energy portfolio encompasses coal, crude oil, refined oil products, and natural gas. Glencore is also engaged in oil exploration and production, as well as refining and distribution. These energy products support a wide spectrum of industries, from steel production to energy provision and oil industries, marking Glencore as a key player in global energy markets.
Glencore's marketing and distribution arm operates to supply physical commodities sourced both from third-party producers and from its own production. Specialized in catering to the needs of the battery, electronic, construction, automotive, steel, energy, and oil industries, the company's marketing efforts ensure the efficient distribution of essential commodities worldwide.
Beyond mere production and marketing, Glencore provides a suite of additional services that are critical to the functioning of the commodities market. This includes financing options for producers and consumers of commodities, logistical support ensuring the efficient transport and delivery of goods, and various other services designed to facilitate the seamless trade of commodities across the globe.