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Glencore Production Report for The 12 Months Ended 31 December 2015
Dec 7, 2016Own sourced copper production was down 3% to 1,502,200 tonnes in 2015, reflecting the suspension of processing operations at Katanga and a significant curtailment at Mopani. These volume reductions were partly offset by increases at ...
Tags: copper production, copper
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Glencore Announces Early Refinancing of Its Revolving Credit Facility
Oct 27, 2016Glencore announces that it has signed a new Revolving Credit Facility (“RCF”), which will ultimately refinance and replace the existing $8.45 billion facility. In this initial pre-syndication phase, Glencore received commitments ...
Tags: Glencore
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Geotechnical Failure at Katanga Mining Limited
Oct 27, 2016Glencore has been informed by Katanga Mining Limited that, it is with deep regret, it has announced that a third body has been recovered from the KOV open pit. The body is in the process of being identified. The search for the remaining ...
Tags: Glencore
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Streaming Transaction - Antapaccay
Oct 27, 2016Glencore plc (“Glencore”) announces that a long-term streaming agreement has been entered into by Narila Investments Ltd. (“Narila”), a wholly-owned subsidiary of Glencore, with Franco-Nevada (Barbados) Corporation ...
Tags: Glencore
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6 April 2016 Sale of 40% Stake in Glencore Agricultural Products and Creation of Long-Term Partnership with CPPIB
Oct 27, 2016Sale of 40% stake in Glencore Agricultural Products and creation of long-term partnership with CPPIB Glencore plc (“Glencore”) is pleased to announce that it has entered into a definitive agreement with Canada Pension Plan ...
Tags: Agricultural Products, Glencore
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Viterra Opens New Grain Terminal in Manitoba, Canada
Oct 26, 2016Canada-based Viterra has opened a new grain terminal at Ste. Agathe in Manitoba province, in a bid to expand its services for the farmers in the region. The new facility holds a capacity to store about 30,000t of grains. It also has 34 ...
Tags: Viterra, grain terminal
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Viterra to Build New Grain Facility in Saskatchewan, Canada
Sep 21, 2016Viterra, a grain and oilseeds marketer and handler, has announced that it will build a new high throughput grain terminal at Wadena in Canadian province Saskatchewan. The new grain facility is planned to have a storage capacity of 34,000 ...
Tags: Viterra, throughput grain terminal
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Glencore to Sell 40% Stake in Agribusiness for $2.5bn
Apr 11, 2016Commodities trading company Glencore has entered into definitive agreement with Canada Pension Plan Investment Board (CPPIB) to sell 40% equity interest of Glencore Agricultural Products for $2.5bn in cash transaction. Glencore's ...
Tags: Glencore, Canada Pension Investment Board, CPPIB, Agricultural Products
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Zinc Metal Supply Might Not Tighten Until 2017
Feb 24, 2016The global supply of zinc concentrates is shrinking fast, but it might take some time for the resulting tightness in zinc refined metal and, in turn higher premiums, to take hold in the market, zinc sources said. "The game changer was the ...
Tags: Zinc Metal, zinc
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Coal Shipments From Australia's Gladstone Port Rebound to Above 7 Mil Mt in Nov
Dec 15, 2015Coal exports from Australia's Gladstone port exceeded 7 million mt in November, as buyers from China, Japan and South Korea increased their offtake, a report from Gladstone port authority Friday said. Throughput at the port -- which ships ...
Tags: Coal exports, thermal coal, coking coal
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Indian Consumption of Dalrymple Bay's Australian Coal Slumps in Oct
Nov 25, 2015Dalrymple Bay coal terminal's exports to India slumped dramatically in October to just 266,700 mt compared with 873,500 mt in September and an on-month decline of 228%, according to shipping data for the Australian terminal released ...
Tags: coal, thermal coal, metallurgical coal
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China to Eliminate Its 6% Tariff on Imports of Australian Thermal Coal
Jun 20, 2015Australian thermal coal shippers such as BHP Billiton, Glencore, Peabody Energy and Rio Tinto may potentially have to wait until June 2017 for China to eliminate its 6% tariff on imports of Australian thermal coal, the Australian government ...
Tags: Import Tariff, Thermal Coal
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Refined Cobalt Supply in 2014 up 6.8% on Year
Apr 24, 2015Global refined cobalt supply totaled 91,754 mt in 2014, up 6.8% from 85,904 mt in 2013, the Cobalt Development Institute said Wednesday in the latest edition of its cobalt news publication. The report, based on the main sources reporting ...
Tags: refined cobalt, cobalt products
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Glencore Buys ADM 50% Stake in Brazilian Export Terminal
Feb 5, 2015Food processing company Archer Daniels Midland (ADM) has agreed to sell 50% stake in its export terminal in Brazil to Glencore. ADM has entered into an agreement to this effect. Located in Barcarena, in the northern Brazilian state of ...
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Egypt Decides to Buy Wheat From France and Russia at an Average Price of $273.94 Per Tonne
Dec 23, 2014The government of Egypt has decided to buy wheat from France and Russia at an average price of $273.94 per tonne, country’s General Authority for Supply Commodities (GASC) stated. The country has signed contracts to import 240,000t ...
Tags: Wheat, Agriculture
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