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The Latest Breaking News from Glencore

Traditional owners, environment group lodge legal challenge over McArthur River Mine Supreme Court decision

Lawyers lodging the appeal on behalf of traditional owners and environment groups say the recent Supreme Court decision is serious, and if left unchallenged "could set a dangerous precedent".

ABC News

NT mine's environmental bond fight reignites

Traditional owners have launched legal action against a NT court's ruling that upheld the government's decision to slash a mine's environmental security bond.

AAP

Concerns raised over mining companies’ role in battery passport scheme

ERG and Glencore are among founders of ReSource, a proposed joint venture that is also backed by Tesla

The Guardian - UK

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NT Supreme Court upholds mining minister's decision to slash McArthur River Mine security bond

The NT Supreme Court has dismissed an application against a decision by the territory mining minister to slash the McArthur River Mine's rehabilitation bond.

ABC News

Global resources shark Glencore must understand the world is no longer for sale

Glencore has Canadian mining crown jewel Teck in its sights–but the disruptive takeover bid has little chance of succeeding, say Yale's Sonnenfeld and Tian.

Fortune

Glencore coal investors fire up over transition plans ahead of AGM

"The time has come to give up coal expansion projects once and for all."

Newcastle Herald

Glencore coal investors fire up ahead of annual meeting

Big investors are queuing up to quiz mining giant Glencore on how thermal coal fits with growing international ambitions to decarbonise electricity supply.

AAP

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Glencore follows other major miners in proposed separation of thermal coal from other operations

Glencore looks to spin off its Hunter coal mines

Newcastle Herald

Falling prices and rising costs: Coal industry unhappy with intervention

Export coal downturn as coal reservation policy kicks in

Newcastle Herald

Glencore CEO Rides Coal Windfall on the Way to a Low-Carbon World

Gary Nagle says the fossil fuel is still necessary, even as he invests in minerals required for a battery-powered future.

Businessweek

Mines, thousands of jobs at risk under heritage bid, Glencore warns staff

While Glencore is the main company affected, Yancoal and Bloomfield also have operations in the application area.

Newcastle Herald

The American right has gone to war with 'woke capitalism' – here's what they get wrong

Ron DeSantis, Florida’s Republican governor and likely future presidential contender, has opened up a new front in his party’s war on “woke capitalism”. He is proposing to change the rules around how public bodies within Florida borrow from the markets by issuing bonds.

The Conversation

Singleton Council votes against heritage listing of Ravensworth Homestead

Singleton Council voted against a recommendation from their own heritage officer and heritage advisory committee to support the listing of Ravensworth Homestead Complex.

Newcastle Herald

Investors query coal leader's climate change trajectory

Fresh research casts doubt on the climate pledges and expansion plans of Australia's largest coal producer Glencore as global investors seek answers.

AAP

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news in one place.

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ABC News

Coal giant Glencore pushes for law change to prevent 'legal challenges' to carbon project

Major coal miner Glencore has been lobbying for legislation to be changed to prevent legal challenges to a controversial carbon capture and storage project in the Great Artesian Basin.

Reuters

Peru protests jolt mine activity with Las Bambas, Antapaccay hit hardest

Peru's top copper mines are starting to see activity hit harder by protests and blockades in the country's southern Andes, power data reviewed by Reuters shows, with Chinese-owned Las Bambas and Glencore PLC's Antapaccay currently worst affected.

ABC News

Groundwater concerns grow as Glencore pushes ahead with plan to store waste CO2 in Great Artesian Basin

Alarmed farmers say Glencore's plan to pump waste carbon dioxide into the Great Artesian Basin could damage the "lifeblood" of much of regional Australia.

AFP

Glencore rewards shareholders after coal-fuelled profits

Zurich (AFP) - Swiss mining giant Glencore said Wednesday it would dish out $7.1 billion to shareholders after posting record profits driven by a surge in coal prices following Russia's invasion of Ukraine.

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The Guardian - UK

Glencore shareholders to receive almost £6bn after record profits

Mining and commodities firm’s pre-tax profit climbed 60% to £28.2bn last year, up £10.6bn on 2021

Newcastle Herald

Ravensworth Estate saved after Glencore fails to appeal Glendell decision

A 750 hectare parcel of land between Muswellbrook and Singleton, which is believed to have been the site of some of Australia's bloodiest frontier violence, appears to have been saved from a massive mining expansion project.

ABC News

Australia Institute among dozens to oppose 40 million tonne open cut expansion of coal mine in NSW central west

The Australia Institute says allowing another 40 million tonnes of coal to be mined in the NSW central west does not stack up economically or environmentally.

Reuters

Glencore's Antapaccay copper mine attacked, fire breaks out - source

Glencore's massive Antapaccay copper mine in Peru faced its latest disruption on Friday, as a fire spread through a nearby worker housing area which is believed to have been started by protesters, a source familiar with the matter told Reuters.

The Guardian - UK

Britishvolt: how Britain’s bright battery future fell flat

Startup that hoped to transform UK car production was once valued at more than £800m, but collapsed worth a tiny fraction of that

Reuters

Exclusive-Glencore copper mine in Peru running at 'restricted' capacity due to protests -source

Glencore Plc's huge Antapaccay copper mine in Peru is operating at "restricted" capacity due to anti-government protests that saw an attack on the facility last week, a company source told Reuters on Tuesday.

The Guardian - UK

Battery startup Britishvolt enters administration as rescue talks fail

Staff told majority of firm’s 300 employees would be immediately made redundant on Tuesday morning

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