Glencore plc (GLEN.L)
- Reuters
Glencore, Rusal extend aluminium supply contract into 2025, source says
Swiss-based trading house Glencore and aluminium producer Rusal have extended their long-term supply contract into next year after the amount traded so far has amounted to a fraction of the agreement's maximum volumes, a source with direct knowledge said on Wednesday. Glencore's contract with Russia's Rusal, the world's largest aluminium producer outside China, was due to expire this year unless extended. Rusal and Glencore declined to comment.
- Bloomberg
Glencore Keeps Russian Aluminum Contract But Metal Flows Dry Up
(Bloomberg) -- Glencore Plc is keeping its contract with Russian aluminum giant United Co. Rusal International PJSC for at least another year, even as sales volumes dwindle.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceCiti Trader Got 711 Warning Messages Before Sparking Flash CrashOne Dead After Singapore Air Flight Hit By Severe Turbulence‘It Felt Like We Had Crashed’: Singapore Air Passenger Describes Turbulence TerrorThe deal — starting in 2020 for the delive
- Bloomberg
Copper Frenzy Draws Mining Giants to Argentina After Milei’s Reforms
(Bloomberg) -- Global mining heavyweights including Lundin Mining Corp., Glencore Plc and First Quantum Minerals Ltd. are piling into Argentina as a new government intent on luring foreign investment propels the companies closer than ever to opening up vast copper deposits in the red-hued Andes.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceCiti Trader Got 711 Warning Messages Before Sparking Flash CrashOne Dead After Singapore Air Flight Hit By Severe Turbulence‘
