Glencore plc logo

Glencore plc (GLCNF)

Market Closed
7 Jul, 13:31
OTC PINK OTC PINK
$
4. 05
-0.18
-4.26%
$
46.02B Market Cap
17.14 P/E Ratio
0% Div Yield
6,500 Volume
0 Eps
$ 4.23
Previous Close
Day Range
4.05 4.09
Year Range
2.88 6.23
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Earnings results expected in 28 days
Li-Cycle Receives Further Waiver Extensions from Convertible Note Holders

Li-Cycle Receives Further Waiver Extensions from Convertible Note Holders

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (OTCQX: LICYF) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, today announced that it has received further waiver extensions from the holders of its convertible notes, Glencore Canada Corporation (“Glencore”) and Wood River Capital, LLC (“Wood River Capital” and together with Glencore, the “Convertible Note Holders”) to permit the Company's common shares to continue to trade on the OTCQX® Best Mark.

Businesswire | 1 month ago
Glencore: Rising Metallurgical Coal Production Should Support Share Price In 2025

Glencore: Rising Metallurgical Coal Production Should Support Share Price In 2025

Switzerland-based Glencore is a major producer/trader of commodities. Due to higher margins, most of its profits come from the production units and more specifically from copper and coal. The company has been increasing its exposure to metallurgical coal and this move has so far proved to be beneficial. While trading earnings are broadly stable, production earnings are highly volatile, as they depend not only on output but also on sales price.

Seekingalpha | 2 months ago
Santacruz Silver shares rise 5% accelerated Glencore payment

Santacruz Silver shares rise 5% accelerated Glencore payment

Shares of Santacruz Silver Mining Ltd (TSX-V:SCZ, OTC:SZSMF) rose 5% Tuesday after the company announced a second $7.5 million payment to Glencore under its accelerated plan to acquire a portfolio of Bolivian mining assets. The payment follows an initial $10 million instalment in March and is part of a structured deal aimed at completing $40 million in total payments by October 31.

Proactiveinvestors | 2 months ago
Santacruz Silver makes second $7.5m payment to Glencore under asset deal acceleration plan

Santacruz Silver makes second $7.5m payment to Glencore under asset deal acceleration plan

Santacruz Silver Mining Ltd (TSX-V:SCZ, OTC:SZSMF) said Tuesday it has made a $7.5 million payment to Glencore as part of a structured plan to accelerate its acquisition of Bolivian mining assets and lock in cost savings. This marks the second installment under the company's previously announced Acceleration Option and follows an initial $10 million payment made on March 20.

Proactiveinvestors | 2 months ago
Glencore shares fall after disappointing production update

Glencore shares fall after disappointing production update

Glencore PLC (LSE:GLEN) shares fell over 4% on Wednesday as the miner and commodities trading giant delivered a disappointing first-quarter production update. Market prices for various commodities were also down on the day, with Brent crude oil down 1.7% to just over $62 a barrel, copper down 4%, gold down 0.9% and iron ore flat.

Proactiveinvestors | 2 months ago
Glencore Narrows Coal Production Outlook After Output Edges Lower

Glencore Narrows Coal Production Outlook After Output Edges Lower

The miner cut its 2025 energy coal output guidance by 5 million metric tons, reflecting a production cut announced in March.

Wsj | 2 months ago
Glencore hit as recession fears stalk the commodities sector

Glencore hit as recession fears stalk the commodities sector

Glencore PLC (LSE:GLEN) shares slid 5% in early trading on Monday, caught in the broad sell-off following President Trump's sweeping tariffs that have sparked fears of a global recession. While Glencore is one of the world's most diversified miners, it also runs one of the largest commodity trading businesses globally - a model heavily exposed to price swings and market activity.

Proactiveinvestors | 3 months ago
Glencore: Positive Near-Term Catalysts Ahead

Glencore: Positive Near-Term Catalysts Ahead

Glencore's marketing division is well-positioned to take advantage of dislocations created by tariffs. There are several positive catalysts to watch out for, such as 1) dual listing, 2) ongoing buyback, and 3) the Viterra/Bunge merger. Despite solid results and good execution, GLNCY is discounted compared to its peers. Our buy is confirmed.

Seekingalpha | 3 months ago
Glencore Stock: Coal Isn't A Dirty Word Anymore

Glencore Stock: Coal Isn't A Dirty Word Anymore

Glencore's strategic decision to retain and expand its coal portfolio, despite falling prices, is proving advantageous amid the complex energy transition. Copper is pivotal for Glencore's future growth, with demand set to surge due to electrification and grid expansion, positioning the company favorably. Institutional investors overwhelmingly support Glencore's coal strategy, highlighting the company's ability to capitalize on favorable acquisition opportunities.

Seekingalpha | 3 months ago
Glencore coal action requires support to stabilise market, say bank as it cuts price target

Glencore coal action requires support to stabilise market, say bank as it cuts price target

Glencore PLC (LSE:GLEN) will cut production at its Cerrejón thermal coal mine in Colombia by as much as 10 million tonnes this year, a reduction of roughly 8% of its total thermal coal output. The decision, announced on Tuesday, is in response to what the company called “unsustainable prices” in the seaborne coal market.

Proactiveinvestors | 3 months ago
Santacruz Silver debt strategy unlocks savings and enhances investor appeal, analysts say

Santacruz Silver debt strategy unlocks savings and enhances investor appeal, analysts say

Santacruz Silver Mining Ltd (TSX-V:SCZ, OTC:SZSMF)'s plan to accelerate its debt payments to Glencore will save $40 million and clean up its balance sheet, making the company more attractive to investors, according to analysts at Atrium Research. On Thursday, Santacruz announced that it has structured and implemented a new plan to exercise its option to accelerate its payments to Glencore in consideration for its Bolivian mining assets.

Proactiveinvestors | 3 months ago
Santacruz Silver implements plan to accelerate payments to Glencore

Santacruz Silver implements plan to accelerate payments to Glencore

Santacruz Silver Mining Ltd (TSX-V:SCZ, OTC:SZSMF) announced the implementation of a structured payment plan to accelerate its obligations owed to Glencore, securing a cost-saving of US$40 million. As part of the agreement, Santacruz made an initial payment of US$10 million to Glencore under the newly structured plan.

Proactiveinvestors | 3 months ago
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