Glencore plc (JSE: GLN)

South Africa flag South Africa · Delayed Price · Currency is ZAR · Price in ZAc
8,783.00
-35.00 (-0.40%)
Jan 21, 2025, 11:05 AM SAST
-12.26%
Market Cap 1.08T
Revenue (ttm) 4.15T
Net Income (ttm) -9.51B
Shares Out n/a
EPS (ttm) -0.78
PE Ratio n/a
Forward PE n/a
Dividend 2.41 (0.03%)
Ex-Dividend Date Aug 28, 2024
Volume 351,043
Average Volume 2,882,303
Open 8,760.00
Previous Close 8,818.00
Day's Range 8,737.00 - 8,834.00
52-Week Range 98.22 - 11,697.00
Beta 1.23
RSI 62.90
Earnings Date Feb 19, 2025

About Glencore

Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments: Marketing Activities and Industrial Activities. The company engages in production and marketing copper, cobalt, lead, nickel, zinc, chrome ore, ferrochrome, vanadium, aluminum, alumina, and iron ore; and coal, crude oil, refined products, and natural gas, as well as oil exploration/production and refining/distribution. I... [Read more]

Sector Materials
Founded 1974
Employees 83,426
Stock Exchange Johannesburg Stock Exchange
Ticker Symbol GLN
Full Company Profile

Financial Performance

In 2023, Glencore's revenue was $217.83 billion, a decrease of -14.91% compared to the previous year's $255.98 billion. Earnings were $4.28 billion, a decrease of -75.29%.

Financial numbers in USD Financial Statements

News

Rio Tinto and Glencore Spoke for Months About Deal That Was Once Taboo

When Glencore Plc proposed a combination with Rio Tinto Group a decade ago, the larger company turned it down after just a few days. News this week that the two spent several months in negotiations in...

3 days ago - Financial Post

Glencore: M&A In 2025 Could Ignite This Stock

Glencore's market cap has dropped from over $70 billion to below $57 billion, making it a potential takeover target in 2025. Despite recent declines, commodity demand is expected to rise due to popula...

3 days ago - Seeking Alpha

Rio Tinto, Glencore Discuss Mining’s Biggest-Ever Potential Merger

Rio Tinto Group and Glencore Plc have held early stage talks about combining their businesses to create a behemoth to rival longstanding industry titan BHP Group.

4 days ago - Financial Post

Rio Tinto And Glencore Test Investor Support For A Merger

A deal aimed at capturing a bigger slice of the metals market, the proposed $160 billion merger of Rio Tinto and Glencore, appears doomed to fail, just as last year's $50 billion attempt by BHP to acq...

4 days ago - Forbes

Glencore and Rio Tinto's mining operations

Glencore approached Rio Tinto , late last year about combining the two big copper producers but the discussions are no longer active, a person familiar with the matter said.

4 days ago - Reuters

Rio Tinto And Glencore Weigh Historic Merger, Shaking Up Global Mining

Rio Tinto Plc (NYSE: RIO) and Glencore Plc (OTC: GLNCY) , ... Full story available on Benzinga.com

4 days ago - Benzinga

Rio Tinto, Glencore Discuss Potential Combination in Mining's Biggest-Ever Deal

Rio Tinto Group and Glencore Plc have been discussing combining their businesses, according to people familiar with the matter, in what could result in the mining industry’s largest-ever deal.

4 days ago - BNN Bloomberg

Massive mining sector shakeup: Bloomberg reports Rio Tinto and Glencore in preliminary deal talks

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...

4 days ago - Kitco

Rio Tinto, Glencore are said to discuss potential merger, Bloomberg News reports

Rio Tinto and Glencore Plc GLEN.L have been discussing combining their businesses, Bloomberg News reported on Thursday, citing people familiar with the matter.

4 days ago - Reuters

Two bids made for Glencore stake in New Caledonia's Koniambo Nickel

Two potential buyers for Glencore's stake in mothballed New Caledonian nickel producer Koniambo Nickel SAS (KNS) have submitted offers following site visits late last year, KNS said.

12 days ago - Reuters

Nickel Miners News For The Month Of December 2024

Nickel spot prices were slightly lower in the last month. Nickel market news - Letter to Congress on price support for US critical minerals. Fast permits if investing $1B in the US. Indonesia weighs d...

22 days ago - Seeking Alpha

Glencore in Talks to Sell Its Philippine Copper Smelting Unit

Glencore Plc is in talks to sell its copper business in the Philippines as the metal’s smelting industry reels from the lowest processing fees on record.

4 weeks ago - BNN Bloomberg

Glencore Hires Ex-BP Oil Trader for Top Crude Job in Asia

Glencore Plc has hired ex-BP Plc trader Aditya Ravavarapu to lead its Asian crude oil trading team out of Singapore, according to people with knowledge of the matter.

5 weeks ago - BNN Bloomberg

Cyclic Materials Secures Multi-Year Agreement to Supply Recycled Copper to Global Natural Resources Company Glencore

TORONTO--(BUSINESS WIRE)--Cyclic Materials, an advanced metals recycling company building a circular supply chain for rare earth elements (REEs) and other critical metals, today announced the signing ...

5 weeks ago - Business Wire

Bangladesh's new LNG purchase policy draws Shell, BP, Glencore and Aramco

Shell , BP , Aramco and Glencore are among nearly two dozen firms Bangladesh has approved as suppliers of spot liquefied natural gas (LNG) as it seeks to boost competition and cut costs, the country's...

6 weeks ago - Reuters

Nickel Miners News For The Month Of November 2024

Nickel spot prices were flat the last month. Nickel market news - BMI: Battery nickel demand set to triple by 2030. Nickel surplus are expected to continue over the next few years, prices are expected...

7 weeks ago - Seeking Alpha

Glencore agrees to solar plant deal with Pele Green Energy

South African renewable energy company Pele Green Energy said on Wednesday it reached a financial close for a Solar Plant with Glencore's South African ferroalloys unit and its joint venture partner M...

7 weeks ago - Reuters

Glencore Makes Deal with Pele Green for $116 Million Solar Plant

Glencore Plc’s South African ferroalloys division and its joint venture partner Merafe Resources Ltd. agreed a deal with Pele Green Energy to build a 2.1 billion rand ($116 million) utility-scale rene...

7 weeks ago - BNN Bloomberg

Glencore's Lomas Bayas Partners with Ceibo to Accelerate Access to Clean Copper

NEW YORK & SANTIAGO, Chile--(BUSINESS WIRE)--Ceibo, a clean copper extraction technology company, and Glencore‘s (GB:GLEN) Lomas Bayas Mining Company have entered into a partnership to deploy Ceibo's ...

2 months ago - Business Wire

Glencore Strikes Deal to Test Copper Leaching at Chile Mine

Glencore Plc is moving forward with a new extraction technology at its copper mine in northern Chile as part of the industry’s efforts to squeeze out more metal from lower quality ore.

2 months ago - BNN Bloomberg

Exclusive: Glencore-Chandra Singapore refinery to earmark 20% of output for Shell, sources say

Glencore and Chandra Asri, gearing up to complete their takeover of Shell's landmark Singapore refinery, have set up a new operating company and will earmark roughly 20% of output for the plant's outg...

2 months ago - Reuters

Nickel Miners News For The Month Of October 2024

Nickel spot prices were lower the last month. Nickel market news -  The US government is reportedly examining price support mechanisms for domestic critical mineral projects. US Treasury allows miners...

2 months ago - Seeking Alpha

Cobalt Miners News For The Month Of October 2024

Cobalt spot prices were generally flat for the month. Cobalt market news: The US government is reportedly examining price support mechanisms for domestic critical mineral projects. S&P Global: Cobalt ...

3 months ago - Seeking Alpha

Glencore inks 20-year non-binding deal with Commonwealth LNG, Kimmeridge

Commodities giant Glencore has signed a non-binding agreement to buy 2 million tonnes per annum of liquefied natural gas from Commonwealth LNG along with equivalent natural gas supply from Kimmeridge ...

4 months ago - Reuters

US STRATEGIC METALS ANNOUNCES THREE-WAY STRATEGIC PARTNERSHIP FOR DOMESTIC UNITED STATES DOWNSTREAM CRITICAL MINERALS PROCESSING

ST. LOUIS , Sept. 12, 2024 /PRNewswire/ -- US Strategic Metals ("USSM" or the "Company") is pleased to announce it has entered into a strategic partnership with Glencore AG, a wholly-owned subsidiary ...

4 months ago - PRNewsWire