Glencore Plc has agreed to sell its struggling copper refinery in the Philippines to the family of the country’s richest man ...

Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) has agreed to sell its struggling copper refinery in the Philippines to the family of ...

British miner Glencore has agreed to sell its struggling copper refinery in the Philippines to the Villar family, headed by ...

The asset, the Philippine Associated Smelting and Refining (Pasar), has long served as a key logistics hub for Glencore.

Glencore has held preliminary discussions about selling its multibillion-dollar copper and cobalt mines in the Democratic Republic of Congo, in what would be a significant shift in strategy by the ...

The mine employs some 500 staff and contractors and in 2020 produced 46 200 t of copper, contributing A$309-million to the Glencore books. Edited by Creamer Media Reporter ...

Glencore has demanded a government handout for its struggling Mt Isa copper smelter and Townsville copper refinery, making it the latest global company seeking a bailout following a rescue of the ...

Seperately, Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) also recently held informal talks with potential buyers over the future of its assets in Kazakhstan; last year, the company abandoned a sale ...

Glencore will still receive $1.1bn for the copper mine in Australia, but the companies have changed payment terms. Copper $ 5.584 / lb -0.80% Brent Crude Oil $ 70.36 / bbl 1.99% ...

Glencore will cease copper mining in July, as flagged by the company almost 18 months ago. It will then rely on ore from third parties to keep the smelter and refinery open.

Glencore has warned local communities that its Mount Isa copper smelter and Townsville copper refinery are hanging by a thread and unlikely to survive without financial support from the Queensland ...