Glencore Stock News

Nickel spot prices were lower the last month. Nickel market news - Nornickel: "Around 40% of all nickel producers are loss-making at the current price." Indonesia is considering policy to reduce nickel mining quota in 2025 to 150kt. Nickel company news - Nornickel nickel production in 2024 decreased 2% to 205 kt. Vale's nickel production was slightly lower in 2024 at ~160kt.

Glencore PLC (LSE:GLEN) told investors that its full-year 2024 production remained within guidance, with strong second-half performances across key commodities. The company highlighted significant increases in steelmaking coal production following its acquisition of Elk Valley Resources (EVR).

Glencore's market cap has dropped from over $70 billion to below $57 billion, making it a potential takeover target in 2025. Despite recent declines, commodity demand is expected to rise due to population growth, persistent inflation, and long development times for new projects. The Trump administration's policies could spur M&A activity in the mining sector, enhancing economies of scale and pr...

Is the natural sector on the cusp of shrinking from four majors to just two super-majors?  It's a distinct possibility with merger mania now sweeping through the industry.

A deal aimed at capturing a bigger slice of the metals market, the proposed $160 billion merger of Rio Tinto and Glencore, appears doomed to fail, just as last year's $50 billion attempt by BHP to acquire Anglo American also failed.

Glencore approached Rio Tinto , late last year about combining the two big copper producers but the discussions are no longer active, a person familiar with the matter said.

Die kanadische Bank RBC hat die Einstufung für Glencore JE00B4T3BW64 nach Berichten über mittlerweile abgebrochene frühe Fusionsgespräche mit Rio Tinto auf "Outperform" mit einem Kursziel von 480 Pence belassen.

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.