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Glencore PLC (GLEN.L)

GLEN.L on London Stock Exchange

237.65GBp
4 Dec 2020
Change (% chg)

7.15 (+3.10%)
Prev Close
230.50
Open
233.20
Day's High
239.80
Day's Low
231.60
Volume
52,059,930
Avg. Vol
28,559,871
52-wk High
248.55
52-wk Low
109.76

Latest Key Developments (Source: Significant Developments)

Glencore Plc Trims FY Coal Production Outlook
Friday, 30 Oct 2020 

Oct 30 (Reuters) - Glencore PLC ::GLENCORE - YTD OWN SOURCED COPPER PRODUCTION OF 934,700 TONNES WAS 81,100 TONNES (8%) LOWER THAN COMPARABLE PRIOR PERIOD.GLENCORE - YTD OWN SOURCED COBALT PRODUCTION OF 21,600 TONNES WAS 12,800 TONNES (37%) LOWER THAN COMPARABLE PRIOR PERIOD.GLENCORE - MAINTAIN OUR 2020 FULL YEAR PRODUCTION GUIDANCE, EXCEPT COAL, WHICH WAS ADJUSTED FOR EXTENDED STRIKE AT CERREJON.GLENCORE - YTD OWN SOURCE ZINC PRODUCTION OF 860,100 TONNES WAS 50,900 TONNES (6%) HIGHER THAN COMPARABLE PRIOR PERIOD.GLENCORE - YTD COAL PRODUCTION OF 83.5 MILLION TONNES WAS 20.5 MILLION TONNES (20%) LOWER THAN COMPARABLE PRIOR PERIOD.GLENCORE - YTD OWN SOURCED NICKEL PRODUCTION OF 81,800 TONNES WAS 7,600 TONNES (9%) LOWER THAN COMPARABLE PRIOR PERIOD.GLENCORE - YTD ENTITLEMENT INTEREST OIL PRODUCTION OF 3.4 MILLION BARRELS WAS 0.3 MILLION BARRELS (8%) LOWER THAN COMPARABLE PRIOR PERIOD.GLENCORE - SEES FY COAL PRODUCTION 109 ± 3 MT VS PREVIOUS OUTLOOK OF 114 ± 3 MT.  Full Article

Century Aluminum Company Reports Third Quarter 2020 Results
Friday, 30 Oct 2020 

Oct 29 (Reuters) - Century Aluminum Co ::MPANY REPORTS THIRD QUARTER 2020 RESULTS.Q3 ADJUSTED LOSS PER SHARE $0.67.Q3 LOSS PER SHARE $0.65.Q3 SALES $392.9 MILLION.IN Q3, SHIPMENTS OF PRIMARY ALUMINUM WERE 203,022 TONNES COMPARED WITH 210,309 TONNES SHIPPED IN Q2.CENTURY'S CASH POSITION AT QUARTER END WAS $81.4 MILLION AND REVOLVER AVAILABILITY WAS $88.0 MILLION.  Full Article

Far Ltd Signs MoU With Glencore
Wednesday, 22 Jan 2020 

Jan 22 (Reuters) - FAR Ltd ::SIGNED A BINDING MEMORANDUM OF UNDERSTANDING ("MOU") WITH GLENCORE ENERGY (UK) LTD.MOU FOR FULL ALLOCATION OF COMPANY'S SHARE OF CRUDE OIL FROM SANGOMAR FIELD.OFFTAKE EXPECTED TO BE FOR A PERIOD OF 7 YEARS FOLLOWING FIRST OIL WITH A MINIMUM OF 20 MILLION BARRELS EXPECTED TO BE PRODUCED DURING THAT TIME.WORK CONTINUES ON PLANS FOR DEVELOPMENT OF GAS IN SANGOMAR FIELD AND A CONCEPT SELECT DECISION IS LIKELY TO BE MADE BY JV IN Q3 OF THIS YEAR.SANGOMAR DEVELOPMENT PHASE 1 CAPITAL EXPENDITURE & OPERATING EXPENDITURE ESTIMATES REMAIN UNCHANGED.SANGOMAR FIELD JV IS TO FINALISE A REVIEW OF ALL SOCIAL INVESTMENT PARTNERS FOR 2020-2022 IN THE NEXT MONTH.  Full Article

Merafe Begins Consultation Process At LRA Rustenburg Smelter
Monday, 20 Jan 2020 

Jan 20 (Reuters) - Merafe Resources Ltd ::CONSULTATION PROCESS IN TERMS OF SECTIONS 189 AND 189A OF THE LRA: RUSTENBURG SMELTER NW PROVINCE SOUTH AFRICA.WRITTEN NOTICE HAS BEEN GIVEN TO ITS EMPLOYEES AT RUSTENBURG SMELTER, WHICH IS A JOINT VENTURE BETWEEN MERAFE AND GLENCORE ALLOYS.RUSTENBURG SMELTER HAS SUFFERED MATERIAL FINANCIAL LOSSES WHICH ARE EXPECTED TO CONTINUE FOR FORESEEABLE FUTURE.PARTIES WILL APPLY FOR APPOINTMENT OF FACILITATOR FROM COMMISSION FOR CONCILIATION, CCMA IN CONSULTATION PROCESS.CONSULTATION PROCESS DUE TO "DETERIORATING" OPERATIONS AND MARKET CONDITIONS ACROSS SOUTH AFRICAN FERROCHROME INDUSTRY.RECOGNISED TRADE UNIONS OF RUSTENBURG SMELTER AS AN ONGOING PROCESS AND ALL ALTERNATIVES WILL BE CONSIDERED.  Full Article

Glencore Says Qtrly Own Sourced Copper Production Fell 4% To 1 Mln Tonnes
Friday, 25 Oct 2019 

Oct 25 (Reuters) - Glencore PLC ::GLENCORE PLC - THIRD QUARTER 2019 PRODUCTION REPORT.GLENCORE - QTRLY OWN SOURCED COBALT PRODUCTION OF 34,400 TONNES WAS 5,900 TONNES (21%).GLENCORE - QTRLY OWN SOURCED COPPER PRODUCTION OF 1,015,800 TONNES WAS 47,300 TONNES (4%) LOWER THAN COMPARABLE PRIOR PERIOD.GLENCORE - QTRLY OWN SOURCED ZINC PRODUCTION OF 809,200 TONNES WAS 23,100 TONNES (3%) HIGHER THAN COMPARABLE PRIOR PERIOD.GLENCORE - QTRLY COAL PRODUCTION OF 104.0 MILLION TONNES WAS 7.3 MILLION TONNES (8%) HIGHER THAN COMPARABLE PRIOR PERIOD.GLENCORE - QTRLY OWN SOURCED NICKEL PRODUCTION OF 89,400 TONNES WAS SLIGHTLY (2%) LOWER THAN COMPARABLE PRIOR PERIOD.GLENCORE - QTRLY ENTITLEMENT INTEREST OIL PRODUCTION OF 3.6 MILLION BARRELS WAS 0.3 MILLION BARRELS (8%) HIGHER THAN COMPARABLE PRIOR PERIOD.GLENCORE - SEES FY AFRICAN COPPER PRODUCTION 375 +/- 15 KT.GLENCORE - SEES FY 2019 COBALT PRODUCTION 43+/-3KT.GLENCORE - SEES FY COAL PRODUCTION 145 +/- 3 MT.GLENCORE - SEES FY 2019 COPPER EXCLUDING AFRICAN COPPER PRODUCTION 1,010 +/ - 25KT.GLENCORE - SEES FY 2019 ZINC PRODUCTION 1,110 + / - 25KT.GLENCORE - SEES FY OIL PRODUCTION 5.5 +/- 0.2 MBBL.GLENCORE - SEES FY 2019 NICKEL PRODUCTION 128 + / - 5 KT.GLENCORE - SEES FY 2019 FERROCHROME PRODUCTION 1,450 + / - 25 KT.  Full Article

Glencore YTD Cobalt Production Jumps 21%, Copper Output Falls
Friday, 25 Oct 2019 

Oct 25 (Reuters) - Glencore PLC ::THIRD QUARTER 2019 PRODUCTION REPORT.YTD OWN SOURCED COPPER PRODUCTION OF 1,015,800 TONNES WAS 47,300 TONNES (4%) LOWER THAN COMPARABLE PRIOR PERIOD.YTD OWN SOURCED COBALT PRODUCTION OF 34,400 TONNES WAS 5,900 TONNES (21%) HIGHER THAN LAST YEAR.YTD OWN SOURCED ZINC PRODUCTION OF 809,200 TONNES WAS 23,100 TONNES (3%) HIGHER THAN COMPARABLE PRIOR PERIOD.YTD COAL PRODUCTION OF 104.0 MILLION TONNES WAS 7.3 MILLION TONNES (8%) HIGHER THAN COMPARABLE PRIOR PERIOD.YTD OWN SOURCED NICKEL PRODUCTION OF 89,400 TONNES WAS SLIGHTLY (2%) LOWER THAN COMPARABLE PRIOR PERIOD.YTD ENTITLEMENT INTEREST OIL PRODUCTION OF 3.6 MILLION BARRELS WAS 0.3 MILLION BARRELS (8%) HIGHER THAN COMPARABLE PRIOR PERIOD.SEES FY AFRICAN COPPER PRODUCTION 375 +/- 15 KT.SEES FY 2019 COBALT PRODUCTION 43+/-3KT.SEES FY COAL PRODUCTION 145 +/- 3 MT.SEES FY 2019 COPPER EXCLUDING AFRICAN COPPER PRODUCTION 1,010 +/ - 25KT.SEES FY 2019 ZINC PRODUCTION 1,110 + / - 25KT.SEES FY OIL PRODUCTION 5.5 +/- 0.2 MBBL.SEES FY 2019 NICKEL PRODUCTION 128 + / - 5 KT.SEES FY 2019 FERROCHROME PRODUCTION 1,450 + / - 25 KT.  Full Article

GEM Co Ltd, Glencore Enter 5-Yr Cobalt Supply Deal
Monday, 7 Oct 2019 

Oct 7 (Reuters) - Glencore Plc ::GEM CO LTD AND GLENCORE ANNOUNCE THAT THEY HAVE ENTERED INTO A FIVE YEAR AGREEMENT FOR THE SUPPLY OF COBALT HYDROXIDE (COBALT).WILL PROVIDE A MINIMUM OF 61,200 TONNES OF COBALT FOR GEM BETWEEN 2020 AND 2024.  Full Article

AMG Signs Multi-Year Contract To Supply Ferrovanadium To Glencore
Thursday, 26 Sep 2019 

Sept 26 (Reuters) - AMG ADVANCED METALLURGICAL GROUP NV ::AMG SIGNS MULTI-YEAR CONTRACT TO SUPPLY AVAILABLE PRODUCTION TO GLENCORE.SIGNED AGREEMENT TO SUPPLY FERROVANADIUM PRODUCTION FROM BOTH EXISTING AND FUTURE OHIO FACILITIES TO GLENCORE AG.  Full Article

Glencore Says Qatar Holding's Stake Of 1.22 Bln Shares Reached 9% Of Co's Total Voting Rights
Tuesday, 27 Aug 2019 

Aug 27 (Reuters) - Glencore PLC ::AS A RESULT OF CO'S ONGOING BUY-BACK PROGRAMME, QATAR HOLDING'S STAKE OF 1.22 BILLION SHARES REACHED 9.00% OF CO'S TOTAL VOTING RIGHTS.  Full Article

Harris Associates L.P. Discloses 5% Stake In Glencore As Of Aug 21 - Filing
Friday, 23 Aug 2019 

Aug 23 (Reuters) - Glencore PLC ::HARRIS ASSOCIATES L.P. DISCLOSES 5% STAKE IN GLENCORE AS OF AUG 21 VERSUS PRIOR STAKE OF 4.91% - FILING.  Full Article

FACTBOX-Latest on worldwide spread of the coronavirus

Dec 4 The U.S. government's first shipment of millions of coronavirus vaccine doses to be divided among states and federal agencies, including the Department of Defense, will fall far short of protecting high priority groups such as healthcare workers, a Reuters analysis has found.