Less is more, but not for Glencore Rhodri Morgan Glencore's near-$7bn acquisition of Canadian miner Teck Resources stands at odds with its green energy goals... or does it?
Less is more, but not for Glencore Energy For Glencore, ‘no’ wasn’t an option in its pursuit of Teck’s coal operations. But how will this acquisition look in a world seeking a greener future?
Glencore’s shares slide as 197 claimants for legal action revealed mining Shares in commodity giant Glencore have dropped over four per cent in early trading this morning amid its bitter legal battle in London.
Glencore’s deal to buy Russian copper flags country’s grip on key commodities September 26, 2023 Global commodity trading giant Glencore purchased thousands of tonnes of Russian copper that were traded through Turkey to Italy in July.
Glencore’s new Teck bid exposes industry desperation to go green June 12, 2023 Glencore has made a new bid for Teck Resources - reflecting its creativity and its desperation to grow its green agenda.
Teck rebuffs Glencore’s sweetened bid and tweaks own restructuring April 14, 2023 Copper miner Teck Resources has rejected a sweetened bid from Glencore and made changes to its own restructuring plan.
Glencore’s Teck saga continues with shareholders dithering over rival visions April 29, 2023 Teck's withdrawal of its demerger plans from the jeopardy of a shareholder vote this week is only the latest twist in an industry sage.
Glencore’s Teck takeover saga shows coal is just too hot to handle April 24, 2023 Glencore's struggles to win over Teck's shareholders suggest that coal might be too hot for climate-focused investors to accept.
SFO charges five former Glencore employees in bribery probe August 1, 2024 SFO has charged five former Glencore employees over allegations of conspiring to make corrupt payments in order to benefit mining giant Glencore
Got the minerals? How Glencore’s failed takeover reflects urgency of green push April 4, 2023 Glencore’s failed takeover bid for Canadian miner Teck Resources reflects the growing urgency from miners to demerge from fossil fuels.