Ceibo, a clean copper extraction technology company, and Glencore's Lomas Bayas Mining Company have entered into a partnership to deploy Ceibo's proprietary leaching technologies that enable a more effective extraction of copper from low-grade sulfides at one of Chile's leading mines. Lomas Bayas has validated Ceibo's technology and is moving toward scaling up to assess this as an alternative to extend the life of their [...]
Lifezone Metals Limited is a modern metals company that creates value across the battery metals supply chain from resource to metals production and recycling. Lifezone Metals' Chief Executive Officer Chris Showalter is pleased to announce the signing of a term sheet with a subsidiary of Glencore plc for a platinum, palladium and rhodium recycling project utilizing Lifezone Metals' hydrometallurgical technology to be based [...]
PolyMet Mining announces that it has completed the transactions contemplated by the previously announced statutory plan of arrangement under Part 9, Division 5 of the Business Corporations Act involving the Company and Glencore AG. Pursuant to the Arrangement, Glencore acquired the approximately 17.82% of the issued and outstanding common shares of PolyMet that Glencore did not already own for US$2.11 in cash, per [...]
Incremental European LNG Exposure to Drive Significant E.G. Financial Uplift Starting Jan 2024 HOUSTON, Oct. 16, 2023 /PRNewswire/ -- Marathon Oil Corp. announced that through its wholly-owned subsidiaries it has entered into a five-year firm LNG sales agreement with Glencore Energy UK Ltd, a subsidiary of Glencore PLC , for a portion of its equity natural gas produced from the Alba Field in Equatorial Guinea , effective [...]
Li-Cycle Holdings Corp. , a leading global lithium-ion battery resource recovery company, and Glencore International AG, a wholly-owned subsidiary of Glencore plc , a leading producer, recycler, and marketer of nickel and cobalt which is required for the production of lithium-ion batteries, announced plans for a two-phase approach to the Portovesme Hub project in Sardinia, Italy to expedite the production of battery-grade [...]
Bunge Limited today announced it has entered into a definitive agreement with Viterra Limited, a private company limited by shares incorporated under the laws of Jersey , together with certain affiliates of Glencore plc , Canada Pension Plan Investment Board and British Columbia Investment Management Corporation , to merge with Viterra in a stock and cash transaction. The merger of Bunge and Viterra will create an [...]
Li-Cycle Holdings Corp. , an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, and Glencore International AG, a wholly-owned subsidiary of Glencore plc , a leading producer, recycler, and marketer of nickel and cobalt for the production of lithium-ion batteries, have signed a Letter of Intent to jointly study the feasibility of, and later, develop a Hub [...]
Noranda Income Fund announced today that it has entered into an arrangement agreement with Glencore Canada Corporation by which Glencore will acquire all of the issued and outstanding priority units of the Fund for C$1.42 per unit, by way of a court approved plan of arrangement, for total consideration of approximately C$53.2 million . The purchase price of C$1.42 per unit represents a 45% premium on the closing price on [...]
Copper producer Austral Resources Australia Ltd. is pleased to announce that the Company has finalised the binding exploration earn-in agreements with MIM, a subsidiary of one of the world's largest mining companies, Glencore. As announced to the market on 8 June 2022, Austral and MIM entered into a value generating nonbinding complementary Exploration Earn-in Agreements with Austral to expand its oxide exploration [...]
Copper producer Austral Resources Australia Ltd. is pleased to announce that the Company has entered into reciprocal non-binding exploration earn-in agreements with MIM, a subsidiary of one of the world's largest mining companies, Glencore. The reciprocal nature of the Earn-in Agreements is value generating for both parties. For Austral, this will involve expanding its oxide exploration activity in both the Exploration [...]
Copper producer Austral Resources Australia Ltd. is pleased to announce the appointment of Mr Michael Hansel as a non-executive director, effective today. Michael is a Corporate Partner of HopgoodGanim Lawyers specialising in mergers and acquisitions, IPO's, corporate governance, capital raisings, takeovers and joint ventures. Michael acts for a number of ASX-listed entities and large domestic and foreign private [...]
Copper producer Austral Resources Australia Ltd is pleased to announce that the Company has entered into a binding offtake and prepayment facility , with one of the world's largest mining companies, Glencore plc . Under the Offtake Agreement, Glencore will have the offtake rights for up to 40,000t of copper cathode production from Austral's Anthill Mine, with offtake scheduled to commence in the second half of 2022 [...]
