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Glencore Iron Ore

This year its been forced to watch from the sidelines a breathtaking rally in iron ore a metal Glencore doesnt produce at all while rivals like BHP Group and Rio Tinto Group cash in.

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  • Black Iron Signs Mou With Glencore For Funding

    Toronto Ontario--Newsfile Corp. - February 20 2019 - Black Iron Inc. TSX BKI OTC Pink BKIRF FSE BIN Black Iron is pleased to announce the signing of a non-binding Memorandum of Understanding the MOU with a subsidiary of Glencore plc Glencore pursuant to which the parties agree to engage in formal negotiations to finance the construction of the Shymanivske Iron Ore .

  • Glencores Troubles Pile Up While Rivals Get Rich On

    While other producers benefit from the rally in iron ore the pressure on Glencores shares from probes by the U.S. Commodity Futures Trading Commission and Department of Justice has been .

  • Glencore Nears 500 Million Deal To Buy Iron Ore From

    Global trader Glencore is close to finalising a deal to make a 500 million payment to the mining arm of Brails Companhia Siderurgica Nacional CSN for iron ore cargoes to be delivered over .

  • Black Iron Signs Mou With Glencore For

    TORONTO CANADA February 20 2019 Black Iron Inc. Black Iron TSX BKI OTC BKIRF FRANKFURT BIN is pleased to announce the signing of a non-binding Memorandum of Understanding the MOU with a subsidiary of Glencore plc Glencore pursuant to which the parties agree to engage in formal negotiations to finance the construction of the Shymanivske Iron Ore Project .

  • Glencore Hits Out At Rivals Iron Ore Output Growth

    Now Glencore does have some exposure to iron ore through its trading arm. It has also just approved a 1bn iron-ore project in Mauritania. But its exposure is tiny compared with Rio which .

  • Glencore Buys Stake In Atlas Iron - Australian Mining

    2020-6-10Glencore is stepping into iron ore in Australia after buying a stake in Atlas Iron. The diversified commodities company bought an 8.47 per cent stake in Atlas Iron.

  • Zanaga Iron Ore Glencore Roc Jv Eyes

    The potential to establish a floating port off the coast of the Republic of Congo is giving new impetus to planning for the proposed 30Mtpa Zanaga iron ore project 250km NW of Braaville.UK-listed Zanaga Iron Ore Co the 50-minus-one share partner with project manager Glencore says a concept study demonstrates an offshore facility fed by a slurry pipeline from the inland minesite could .

  • Rio Tinto Boss Defends Iron Ore Expansion Plans In

    2014-10-9However Glencores Glasenberg has publicly criticised plans to hike iron ore production and argued that it was having a clear impact on prices and further expansion would make investing in .

  • Champion Iron Secures 31M Financing With Glencore

    This financing commitment is entered into in connection with the restart of operations at the Bloom Lake Iron Mine Bloom Lake of Champions subsidiary Qubec Iron Ore Inc. QIO located near Fermont Quebec. The commitment also contemplates that QIO and Glencore will enter into an off-take agreement with fixed terms for 10 years.

  • Glencore Moves To Cap Global Coal Output After

    Glencore is the largest coal-producing member of the Minerals Council. . ABS data shows coal last year overtook iron ore as the nations biggest export earner. Australia exported a record 66 .

  • Macarthur Minerals Signs 10 Year Iron Ore Off-Take

    Glencore secures life-of-mine of the project with commercial terms for approximately 4 million tonnes per annum average for the first 10 years with the option to extend for a following 10 years for all tonnes of future Lake Giles iron ore production. Glencore agrees to release up to 70 of their off-take volume where Macarthur secures project .

  • Glencore Held Talks With Cliffs Natural Resources

    Spurned by Rio Tinto PLC Glencore PLC CEO Ivan Glasenberg continued to look at other potential iron ore targets with a call to U.S. miner Cliffs Natural Resources Inc. according to people .

  • Two Die In Blast At Glencore Refinery In Cape Town

    2020-7-3Partly due to corporate governance concerns Glencores share prices has almost halved in value since mid-2018 and by some metrics trades at a discount to its peers that have iron ore in their .

  • Glencore Longlen Pt Raised To Gbx 180 - Dispatch

    1 Glencore LONGLEN had its price target increased by analysts at Credit Suisse Group from GBX 170 2.09 to GBX 180 2.22 in a research report issued on Monday Stock Target Advisor reports. The firm currently has a neutral rating on the natural resources companys stock. Credit Suisse Groups price target would suggest a potential upside.

  • Glencore Longlen Stock Rating Reaffirmed By

    1 Glencore LONGLENs stock had its overweight rating restated by equities researchers at Barclays in a report issued on Wednesday ThisIsMoney.Co.Uk reports. A number of other research firms have also recently commented on GLEN. Liberum Capital reissued a buy rating on shares of Glencore in a report on Monday June 22nd. UBS Group reissued a buy.

  • Floating Port Concept May Cut Zanaga Iron Ore

    2020-7-6ZANAGA Iron Ore has completed a concept study into a floating port facility at its Zanaga Iron Ore Project in the Republic of Congo RoC according to StockMarketWire. The company said it has been investigating the potential to utilise an offshore floating port instead of the transhipping solution envisaged by the 2014 feasibility study. The.

  • Askaf Iron Ore Project In Mauritania

    Askaf Iron Ore Project In Mauritania. FOB Reference Price Get Latest Price Al rawda is also working on the askaf iron ore project in mauritania which it bought from trading group glencore in 2015 after meetings between ain al-ubaidi ceo of al rawda and the authorities in nouakchott africa intelligence 031115 and since 2017 the roper valley project in northern australia.

  • Xstrata Iron Ore Mauritania - Sialamiantoit

    Askaf iron ore project in mauritania. askaf iron ore project euroauto-hetgooinl iron ore mining iron content mauritania auto-speccoa Glencores Sphere approves 7m tpy iron ore project in Sphere Minerals a subsidiary of commodity giant Glencore Xstrata has approved the 7 million tpy Askaf iron ore project in Mauritania it said on Thursday April 24 The iron ore mine which is expected to .

  • Glencore Courts Guineas Iron Ore Treasures Document

    Iron ore is an absolute priority for Glencore because it is the only sector where the company wants to strengthen its position noticeably the company said in the presentation. Glencore goes against the trend of the trio BHP Vale and Rio because it wants to develop the Guinean projects quickly it added.

  • China Targets Glencore Congo Iron Ore Joint Venture

    China targets Glencore Congo iron ore joint venture Chinese state-backed infrastructure company COIDIC has agreed to explore possible collaboration with Glencore-led JV Jumelles on the Zanaga Iron .

  • Glencore Iron-Ore Trading Co-Head Steps Down

    A senior Glencore iron-ore trader Jyothish George has been appointed to work alongside Mr. Wolfensbergers iron-ore co-head Mark Eames the person said. Mr. Wolfensberger co-headed the iron ore division from the time it was set up in 2012 and previously marketed nickel and ferroalloy for Glencore.

  • Glencore Interested In Mining Iron Ore - Marketwatch

    Glencore Wednesday agreed to purchase 48 of Australian iron ore miner Mount Gibson Iron Ltd.s MGX.AU output from its planned Extension Hill mine and in January secured an offtake agreement .

  • Jyothish Devina George Head Of Iron Ore Trading At

    Jyothish Devina George is Head of Iron Ore Trading at Glencore International AG. View Jyothish Devina Georges professional profile on Relationship Science the database of decision makers.

  • Glencore Boss Slams Iron Ore Sector - The Australian

    Glencore boss slams iron ore sector The chief executive of mining giant Glencore Ivan Glasenberg again criticised the industry for its over-investment in certain commodities telling investors .

  • Black Iron Signs Mou With Glencore For Funding

    Black Iron plans to produce a 68 iron content pellet feed concentrate with very low levels of trace elements that can be used to produce high-quality iron ore blast furnace pellets or premium direct reduction grade pellets. It can also be used as a sweetener in the feed for sinter production which is then processed to iron in blast furnaces.

  • Glencores Next Move Could Be Agriculture Not Iron Ore

    Glencores next move could be agriculture not iron ore . By Jesse Riseborough and Javier Blas. Updated March 20 2015 4.05pm first published at 1.01pm.

  • Glencore Plc Analysis Insight Into This Leading

    What is Glencore Glencore Plc is one of the largest commodity producing firms in the world. Its globally diversified portfolio consists of about 150 mining and metallurgic properties oil production facilities and agricultural assets.. Glencore markets and supplies the commodities it produces to industrial buyers such as steelmakers automobile manufacturers power companies and food producers.

  • Glencore Seeks Guineas Iron Ore Treasures

    Glencore is the latest mining major looking to invest in iron ore assets in Guinea. Most interest is focused on Simandou one of the worlds biggest deposits. Any potential investors in Simandou .

  • Management Team Champion Iron Iron Ore

    2020-6-22Glencore Australia Limited 1995-2004 As managing director Michael was responsible for Glencores Australian acquisitions. Under his tutelage company market share in Australia and South Asia increased exponentially and sales exploded from 100 million to 2.4 billion. . His experience in iron ore mining includes mineral characteriation .