Tag: Glencore

Fresh investors eye Madagascar nickel mine after Sumitomo exit

Global investors are taking a closer look at Africa’s critical minerals sector as demand for battery metals continues to rise and supply chains remain tight. Nickel, used in electric vehicle batteries and stainless steel, has regained attention among commodity traders and mining investors. That shift in sentiment has placed Madagascar’s Ambatovy nickel project back in focus following a change in…

Oluwatosin Alao Oluwatosin Alao

Glencore, Taiwan refiner book tankers for Middle East oil after ceasefire

Glencore and CPC secure tankers as Middle East oil flows restart after US-Iran ceasefire, easing supply fears and boosting Asia shipments.

Timilehin Adejumobi Timilehin Adejumobi

Glencore, Canada close to deal to rescue copper facility  

Canada and Quebec are close to reaching a deal with Glencore to keep the Horne copper smelter operational.

Timilehin Adejumobi Timilehin Adejumobi

Glencore signals possible Rio Tinto deal revival as coal prices rise    

Glencore may revive merger talks with Rio Tinto as coal prices surge, according to investors.

Timilehin Adejumobi Timilehin Adejumobi

Glencore copper refinery in Australia faces possible worker strike 

Glencore’s Townsville copper refinery faces a possible worker strike as pay talks with the Australian Workers’ Union fail.

Timilehin Adejumobi Timilehin Adejumobi

Glencore seals $115 million cobalt deal as U.S. eyes supply shift from China

Glencore secures $115 million cobalt purchase for U.S. stockpile as policy shifts reduce reliance on China and tighten global supply.

Omokolade Ajayi Omokolade Ajayi

Tullow Oil, partly owned by Beninese-Gabonese billionaire, secures $1.3B debt reprieve

Tullow Oil, partly owned by Beninese-Gabonese oil billionaire Samuel Dossou-Aworet, secures $1.3 billion debt relief to stabilize operations.

Omokolade Ajayi Omokolade Ajayi

Glencore to focus on copper in Congo in 2026 as cobalt limits bite  

Glencore will prioritize copper production in the Congo in 2026 as cobalt export limits curb output and sales.

Timilehin Adejumobi Timilehin Adejumobi