Glencore guidance. Vendor Onboarding Process 2.

Glencore guidance The group also offers logistical, supply, and financing services. 7% as a strike at the Cerrejon mine in Colombia entered its Oct 30, 2023 · Glencore's own sourced copper production of 735,800 metric tons year to date was down 5%, while its own sourced nickel output was down 16% at 68,400 tons. Glencore Chief Executive Officer, Gary Nagle: “We are pleased to report a solid production performance from our underlying base business over the first nine months of the year, where our key copper, coal and zinc assets performed in line with expectations and previously communicated guidance. An updated version of the Supplier Standards, the renamed Glencore Supplier Glencore’s production guidance for copper and coal came in lower than analysts’ expectations, causing the share price to drop more than 3 per cent on its release before recovering at the end Our global suppliers. 5 billion. 8%); - metals and minerals (37. The trading and mining group expects to produce 1,040 kilotonnes of copper next year, down from 1,060kt this year and below consensus guidance of 1,124kt, as its Katanga copper and cobalt Oct 30, 2024 · (Alliance News) - Glencore PLC on Wednesday said it remains on track to meet 2024 production guidance despite falls in output of copper, cobalt and zinc so far in the year. London-listed Glencore, which accounts for around a third of the global cobalt market, has benefited from its exposure to minerals Jan 6, 2025 · Glencore <GLEN. 1 Glencore Supplier Standards. 5-$4. Glencore Annual General Meeting Our annual Payments to Governments Report is prepared in line with our UK regulatory obligations under DTR 4. This framework reflects our commitment to uphold responsible and ethical business practices. In North America, we recycle copper scrap. 34 % decrease; red down pointing triangle backed its full-year production guidance despite slight declines in its copper and coal output in the first quarter of the year. Glencore sold 1. 2 (50) Dec 12, 2024 · Glencore <GLEN. Ferrochrome to be 1,100 kt -1,200 kt Nov 20, 2024 · Glencore partners with Ceibo and BHP to pilot copper leaching at Lomas Bayas mine in Chile to boost copper output from low-grade ore. 4 billion, down 51%, impacted primarily by Glencore’s full-year production guidance for 2024 has remained unchanged across all commodities, the company revealed at the release of a third-quarter production report on October 30. For further information please contact: Investors Martin Fewings t: +41 41 709 2880 m: +41 79 737 5642 martin. 1 0. Glencore is one of the world’s leading producers and marketers of copper. Full-year 2024 production guidance has again been maintained. Oct 11, 2024 · Revolutionising copper procurement. Glencore said its full-year production fell across most metals and minerals but was in line with its revised guidance, while coal and gold output increased, reaching annual targets after stronger second half volumes. “Across the portfolio, our full-year Sign In Choose an option below. SFO is a non-ministerial department. 5 billion, which remains around the top end of the company's long-term guidance of $2. SafeWork has a set of minimum expectations and mandatory Fatal Hazard Protocols (FHPs), Life-Saving Behaviours and safety tools, Glencore has maintained its 2024 production guidance and added additional steelmaking coal volumes for the second half of the year. In this online technical guide, you will find all the details about the event, as well as details about your stay in Abitibi-Témiscamingue. 14 billion shares at £5. After applying a portfolio mix adjustment (component of our regular coal cash flow modelling guidance) of $84/t to reflect e. In its Oct 30, 2024 · ed7345c373e42eb55c7afc. The ramp up follows Glencore’s successful takeover of Canadian Glencore was an early supporter of the voluntary guidance on consistent climate related financial disclosures produced by the TCFD. As anticipated, 2024 is expected to be a year of two halves, whereby the tracking Our Group policy framework encompasses our Values, Code of Conduct and a suite of policies, standards, procedures and guidelines on various key matters and risks to Glencore. Exclusive news, Nov 21, 2024 · Glencore Medical Scheme, Schemes rules take precedence over the brochure. The 2024-2026 CATP reflects a wide range of inputs, from our own market analysis, shareholder engagement, the IEA’s latest modelling to analysing peer approaches. 29/05/2024. Global commodities giant Glencore saw its coal production rise 3% in 2023 to 113. The London-listed company reported a 14% fall in copper production in the three months to the end of March and a 15% drop in zinc, mostly due to delays at its Feb 1, 2019 · Glencore’s Katanga Mining unit in Congo ramped up in late 2017. Our suppliers are critical partners to ensure responsible sourcing. 2 billion Glencore cut its 2022 guidance for the metal by 3% or 1 day ago · We are one of the world’s leading marketers of physical commodities. LONDON (Reuters) -Commodity trader and miner Glencore on Monday cut its nickel production guidance for this year due to maintenance and strikes but reiterated its expectation that profits from its trading division would be $3. Sep 30, 2024 · This policy set out our approach to taxation and towards management, control over our tax affairs and the general framework within which Glencore operates when considering tax-related issues. 2 Action Oct 30, 2023 · Glencore plc revised production guidance for the full year 2023. 4 days ago · Glencore plc, Baarermattstrasse 3, CH-6340 Baar ("Glencore", "we" or "us"), has developed this Cookies Policy to explain what cookies are in use on this website and what the purpose of these cookies is. But you’ll also get access to live on-air questions and answers Full-year 2023 production guidance of London- and Johannesburg-listed diversified mining and marketing company Glencore remains largely in line with previous guidance. Write to Barcelona Editors at barcelonaeditors@dowjones. Glencore is a commodities trader and miner based in Barr, Switzerland. 0 billion and $3. ” Neither Glencore nor any of its associates or directors, officers or advisers, provides any Glencore’s continuing aim is to be a trusted employer, corporate citizen and partner, wherever we operate. com Media Charles Watenphul t: +41 41 709 2462 m: +41 79 904 3320 charles. An exception is nickel Glencore Keeps Guidance After Sequentially Stronger Metals Output -- Update October 30, 2024 at 05:19 am EDT Share By Christian Moess Laursen . Glencore reiterated full-year production targets after reporting its strongest operational quarter this year, while also maintaining an earnings outlook for its marketing division of up to $3. 1 Process Overview 2. Glencore’s muscular oil and metals trading arm is having a bumper year, leading the company to upgrade its full-year guidance for the division for the third time since January. 60) during Implementing our safety management system. For the year-to-date period, on a like-for-like basis, removing 15,000 tonnes any guidance in relation to our future performance. Glencore plc Declares Additional Distribution for the Second Half of Financial Year Ended 31 December 2022, Payable on 22 September 2023 Aug 29. 50 likes, 2 comments - glencoreplc on October 30, 2024: "We’ve released our Q3 2024 Production Report with full-year 2024 production guidance again being maintained. Nickel to be 80 kt -90 kt against previous guidance 80 kt -90 kt. Write to Christian Moess Laursen at christian. In March 2024, we published our 2024-2026 Climate Action Transition Plan (the 2024-2026 CATP). L) said it continues to expect full year Marketing Adjusted EBIT in the $3. 0 Review: 07/12/2027 Page 5 of 74 Uncontrolled unless viewed on the intranet 2. 3A of the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, which were introduced to implement the payments to governments requirements provided for in the EU Transparency and Accounting Directives. 01 million tons of copper and 19 million (Alliance News) - Glencore PLC on Wednesday said it remains on track to meet 2024 production guidance despite falls in output of copper, cobalt and zinc so far in the year. Apr 30, 2024 · Glencore Chief Executive Officer, Gary Nagle: “Our full year production guidance remains unchanged from that presented at the beginning of the year. The Serious Fraud Office (SFO) fights complex financial crime, delivers justice for victims and protects the UK’s reputation as a safe place to do business. Skip to main content. Responsible sourcing is our commitment to take into account social, ethical and environmental considerations when managing our relationships with suppliers through our supply chain and procurement strategies. E. Glencore lowered its guidance for full 2 days ago · Our approach to decarbonisation. Distribution information. “Full year 2023 production guidance for copper, zinc, coal and cobalt remains in line with previous guidance , however nickel has Glencore’s marketing activities are exposed to a variety of risks, such as commodity price, basis, volatility, foreign exchange, In accordance with UK Financial Reporting Council guidance, we define a principal risk as a risk or combination of risks that could seriously affect the performance, future prospects or reputation Glencore Chief Executive Officer, Gary Nagle: “Our full year production guidance remains unchanged from that presented at the beginning of the year. Purpose and Values; Code of Conduct; LSE GBp 10/01/2025 16:48 GMT Glencore 1Third Quarter 2024 Production Report NEWS RELEASE . 6% at 411. tyzKJHd743Vc1HSAhbBwCaBHXLelI4cLuGi4cAx86XmyKesxc3S2Sj3WeQ Dec 20, 2024 · Glencore plc Revises Production Guidance for the Full Year 2023 Oct 30. Its trading division includes coal, oil, liquefied natural gas and related products, as well as metals Apr 30, 2019 · Glencore said its copper production of 320,700 tonnes in the first quarter was 24,700 tonnes, or 7 per cent, lower than in the same period a year ago, because of severe flooding in Australia and Dec 15, 2024 · Glencore on Friday reported a 4% drop in copper output so far this year and trimmed full-year guidance as it prepared to suspend some operations in the Democratic Republic of Congo. Through a network of assets, customers and Glencore’s !hief Executive Officer, Gary Nagle, commented: • Marketing Adjusted EBIT of $1. 9 27. Our February 2022 full year portfolio mix adjustment guidance (1) of $32. Our Ethics and Compliance programme. Cobalt to be 35 kt -40 kt against previous guidance 35 kt -40 kt. We extract and process copper ore in South America, the Democratic Republic of the Congo and Australia. Our shareholder centre is the home of Glencore share price and distribution information, details of our AGMs and key corporate dates, as well as answers to frequently asked questions from shareholders. Jan 4, 2025 · GlencoreHalf-Year Production Report 2023 NEWS RELEASE Baar, 21 July 2023 Glencore Chief Executive Officer, Gary Nagle: “We are pleased to report a solid first-half production performance from our underlying base business, where our key copper, coal and zinc assets performed in line with expectations and previously communicated guidance. Our people. Glencore stuck to its full-year production targets despite declining output of most assets in the third quarter. AZSA Public Due Diligence Report. Glencore (GLCNF. The world's largest mining company by revenue said Wednesday that it dug out 242,600 metric tons of copper Glencore receives final regulatory approval for the acquisition of Elk Valley Resources (EVR) Read more. 5 We are committed to maintaining a culture of ethics and compliance throughout Glencore. a. Glencore plc: Trading strategies, financial analysis, commentaries and investment guidance for Glencore plc Stock | London S. “Glencore”, “Glencore group” and “Group” are used for convenience only However, if Glencore’s production guidance is taken at face value, the cobalt market could switch from a sustained deficit to sizeable over-supply from next year onwards. Click the in bio to learn more about our performance. Our SSEC Risk Management Framework provides a standardised approach to identifying, assessing, and managing SSEC risks and opportunities. It expects to produce between 950,000 and 1. 2 billion per year. Glencore Chief Executive Officer, Ivan Glasenberg: “Glencore has delivered a solid third quarter operating performance, including the continued successful ramp-up of Katanga, which remains on track to achieve design capacity by year end. 2 billion p. This means transporting Oct 30, 2023 · Glencore cut its nickel production guidance for 2023 after strikes and production outages but maintained guidance across the rest of its mining business, and for its trading provision. Jul 29, 2022 · Miner and trader Glencore on Friday cut its full-year copper guidance, partly due to reduced output from its Katanga mine in the Democratic Republic of Congo (DRC), but pointed to a strong Oct 30, 2024 · ** Shares of miner Glencore GLEN up 1. 4 billion to $2. year, where our key copper, coal and zinc assets performed in line with expectations and previously communicated guidance. Glencore publishes 2023 Sustainability Report. As part of the partnership, Schneider Electric will directly acquire raw materials from Glencore and distribute them through its network of sub-suppliers to European factories. It should be read as a whole, and in conjunction with our periodic reporting and other announcements. Its trading division includes coal, oil, liquefied natural gas and related products, as well as metals Full-year 2023 production guidance of London- and Johannesburg-listed diversified mining and marketing company Glencore remains largely in line with previous guidance. com This policy sets out our approach to ensuring that we fully comply with all sanctions applicable to our business activities and that we appropriately manage associated risks. If registered within 30 days, Oct 30, 2024 · Glencore’s full-year production guidance for 2024 has remained unchanged across all commodities, the company revealed at the release of a third-quarter production report on October 30. Apr 28, 2022 · LONDON (Reuters) -Miner and trader Glencore lowered its 2022 production guidance on copper, zinc and cobalt after operational challenges and COVID-related absenteeism in the first quarter drove Oct 30, 2024 · Glencore maintained its full-year production guidance, with expectations for copper between 950,000 to 1,010,000 tonnes, cobalt at 35,000 to 40,000 tonnes, and zinc within 900,000 to 950,000 tonnes. For the period, the company revised copper production to be 1,040 kt ± 30 kt from previous guidance of 1,040 kt ± 30 kt; cobalt to be 38 kt ± 4 kt from previous guidance of 38 kt ± 5 kt; zinc to be 950 kt ± 30 kt from previous guidance of 950 kt ± 30 kt; nickel to be 102 kt ± 4 kt from previous guidance of 112 kt 6 days ago · Glencore plc Revises Production Guidance for the Full Year 2023 Oct 30. H1 2020 Change % Integrated Nickel Operations (INO) (Sudbury, Raglan, Nikkelverk) Nickel metal kt 27. It upped its output guidance for nickel and ferrochrome, however, and said it expected its full-year trading earnings before interest and Jul 30, 2024 · Diversified resources group Glencore has maintained its full-year guidance for most of its metals and expects higher production levels in the second half. 4 billion at the start of the year. 3 R and 6. 5 . Read more. Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 responsibly-sourced commodities that advance everyday life. 2-3. 6 million tonnes (mt), exceeding 2022 levels and nearly reaching 2021 figures. The company expects copper to be 950 kt to 1,010 kt; Cobalt of 35 kt to 40 kt; Zinc to be 900 kt to 950 kt; Nickle to be 80 kt to 90 kt; Ferrochrome to be 1,100 kt to 1,200 kt and Coal to be 105 mt to 115 mt. 2%): aluminum, Oct 30, 2024 · Glencore Keeps Guidance After Sequentially -2- Provided by Dow Jones Oct 30, 2024 12:05pm. Welcome to the 54 th edition of the 2024 Tour de l’Abitibi Glencore, which will be held from Tuesday, July 16th, 2024 to Sunday, July 21th, 2024 in Val-d’Or. 5 Glencore’s Purpose is to responsibly source the commodities that advance everyday life. When it went public, it controlled 60% of the zinc market, 50% of the trade in copper, 45% of lead and a It also kept its guidance for adjusted earnings before interest tax from its marketing arm of between $3. moess@wsj. The report Apr 28, 2022 · LONDON (Reuters) -Miner and trader Glencore lowered its 2022 production guidance on copper, zinc and cobalt after operational challenges and COVID-related absenteeism in the first quarter drove output for some metals lower. com (END) Dow Jones Newswires. 1RqlfCFN1zoJvQ7n5uIAR-gxbfqSb_NHiyqMG202jDY. 1. glencore. Its trading division includes coal, oil, liquefied natural gas and related products, as well as metals (Alliance News) - Glencore PLC on Wednesday said it remains on track to meet 2024 production guidance despite falls in output of copper, cobalt and zinc so far in the year. Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer Glencore Keeps Production Guidance Despite Falling Output October 30, 2024 at 03:44 am EDT Share By Christian Moess Laursen . 1. First quarter copper, zinc and coal production was broadly in line with the prior year comparable period, while nickel increased 14%, reflecting recovery from the Raglan strike impacts in the Glencore Chief Executive Officer, Gary Nagle: “Across the portfolio, our full-year 2024 production guidance has been maintained and we have added additional steelmaking coal volumes in H2 2024, following successful closing of the EVR acquisition on 11 July 2024. Half -Year Production Report 2021. movements in the pricing of non-NEWC quality coals, coking coal margins and the lag effect of 2021’s JPU fixed-price contracts, an average thermal-equivalent Glencore shares are listed on the London Stock Exchange under the symbol GLEN and on the Johannesburg Stock Exchange as GLN. Results of 2024 AGM. Goriainoff and Christian Moess Laursen . Overview 1. 5 billion, which remains around the top end of the Multinational mining company Glencore has maintained its 2024 production guidance for most of its metals but has separated its coal production figures following its Glencore Chile; Glencore Peru; Antamina; Cerrejón; El Pachón; Alumbrera; Collahuasi; Who we are Main Menu. 2 bln to $3. Glencore maintained its overall 2023 guidance for copper, zinc, coal and Glencore Coal Assets Australia Quick Reference Guide FIQ66 Vendor Portal - Vendor Number: GCAA-1925882959-295 Status: Approved Effective: 07/12/2022 Owner: Commercial Manager Contracts Version: 6. 80/t to reflect e. 6 days ago · term guidance range. Oct 30, 2024 · Glencore maintained its full-year production guidance, with expectations for copper between 950,000 to 1,010,000 tonnes, cobalt at 35,000 to 40,000 tonnes, and zinc within 900,000 to 950,000 tonnes. Glencore Chief Executive Officer, Gary Nagle: “Overall, 2022 production volumes were in line with our revised guidance from October 2022, with final quarter sequential production increases delivered across most of our key commodities, including copper, zinc, nickel and coal. You may also be interested in. For the period, the company revised copper production to be 1,040 kt ± 30 kt from previous guidance of 1,040 kt ± Full-year 2024 production guidance has again been maintained. Glencore Chief Ex ecutive Officer, Gary Nagle : “Our full -year 2024 production guidance has again been maintained and reflects the additional steelmaking coal volumes that Mining giant Glencore has maintained its full year production guidance across all commodity groups, after reporting lower metal production for the first nine months of the year, while coal output Glencore GLEN-0. Glencore plc revised production guidance for the full year 2023. We physically source commodities and products from our global supplier base – and sell them to customers all over the world. In addition, we smelt and refine copper. View all our latest past annual, financial and sustainability publications, as well as investor presentations and events. Looking ahead, the company expects stable production in 2024, with potential for further growth through its recent acquisition of Teck’s steelmaking coal business. 5-US$4 billion, above its long-term guidance range. 2 billion to $3. As a result of these larger differentials, Glencore has increased the mix adjustment guidance for its coal portfolio for the first half to $82-$86 a metric ton relative to an expected 30th Oct 2024 09:31 (Alliance News) - Glencore PLC on Wednesday said it remains on track to meet 2024 production guidance despite falls in output of copper, cobalt and zinc so far in the year. Copper to be 950 kt -1,010 kt against previous guidance 950 kt -1,010 kt. Glencore Annual General Meeting (AGM) Find out more. 5 Glencore provides the following updates concerning its coal Industrial business and Marketing business. How we are working to provide safe and quality-assured products, across our supply chain. The Barr, Switzerland based multinational commodity trading and mining company said copper production fell 2% to 239,700 tonnes for the first three months that Oct 16, 2024 · guide to future performance. #GlencoreProduction". “[This] reflects the additional steelmaking coal volumes that have contributed to our portfolio since closing the Elk Valley Resources (EVR) transaction on July 11,” Glencore CEO Jan 3, 2025 · Glencore’s !hie Ï Executive O Ï Ïicer, and Dutch government investigations have been resolved and our 2024 production guidance has been maintained and enhanced, with a skew to the second half of 2024. “[This Baar, Switzerland 30 October 2023. How we're guidance is unchanged from that presented at Glencore’s investor presentation in December 2022. Glencore Chief Executive Officer, Gary Nagle: “Operational performance over the third quarter was impacted by a range of events including extreme weather in Australia, industrial action at nickel assets in Canada and Norway (since resolved) and the emergence of significant supply chain issues in Kazakhstan stemming from the Glencore has reiterated its full-year 2024 guidance, projecting Marketing Adjusted EBIT in the range of $3. Feb 1, 2024 · By Anthony O. Miner and trader Glencore lowered its 2022 production guidance on copper, zinc and cobalt after operational challenges and COVID-related absenteeism in the first quarter drove output for some The strong quarterly performance led the mining giant to stick to its full-year guidance across its portfolio. 6 Mar 20, 2024 · Glencore plc announces that it has today published its Annual Report for the year ended 31 December 2023 as required by the Disclosure Guidance and Transparency Rule 4. Intellectual Property Rights means all industrial and intellectual property rights of any kind including but not limited to copyrights (including rights in computer software), Dec 12, 2024 · Glencore Maintains FY24 Production Guidance. You can get access to presentations, how-to guides, performance results, diagrams, guest interviews, advance release on papers, background figures and much more. com www. We are pleased to publicly support the TCFD guidance and have started to implement its recommendations in our annual reporting. Cookies are small text files placed on your computer by websites that you visit to make websites work, or work more efficiently, as well as to provide information to Oct 30, 2024 · Glencore PLC on Wednesday said it remains on track to meet 2024 production guidance despite falls in output of copper, cobalt and zinc so far in the year. Monday - Friday 9am-12pm / 2pm-6pm GMT 4 days ago · Responsible sourcing. long-term guidance range, down 52% period-on-period from last year’s exceptionally strong performance • Industrial Assets Adjusted EBITDA of $7. Glencore’s sustainability is overseen at the highest level by our Board of Directors’ Health and Safety, Security, Environment, Communities and Human Rights (HSEC) Committee. Our commodities. Oct 30, 2023 · Commodity trader and miner Glencore on Monday (Oct 30) cut its nickel production guidance for this year due to maintenance and strikes but reiterated its expectation that profits from its trading division would be US$3. Best financial portal +951% of historical performance More than 20 years at your side + 1,000,000 members Quick & easy cancellation Our Experts are here for you OUR EXPERTS ARE HERE FOR YOU. “We maintain our 2020 full year production guidance, except coal, which was adjusted for the WHO IS GLENCORE? Glencore is the world’s biggest commodities trading company and 16th largest company in the world according to Fortune 500. : GLEN | London S. Baar, 30 October 2024 . This commitment has led to Glencore developing OECD Guidance-aligned Supplier Standards, communicating these standards to our suppliers since 2019 and piloting our Supply Chain Due Diligence (SCDD) procedure. 30/t. Glencore reported a 4% decrease in copper production for the year to date to 705,200 tonnes, down from 735,800 a year Apr 28, 2022 · Miner and trader Glencore lowered its 2022 production guidance on copper, zinc and cobalt after operational challenges and COVID-related absenteeism in the first quarter drove output for some Feb 1, 2024 · Glencore plc provided production guidance for the year 2024. Who we are At a glance At The Core Our Purpose and Values Our Code of Conduct Our Policies Our Glencore reiterated full-year production targets after reporting its strongest operational quarter this year, while also maintaining an earnings outlook for its marketing division of up to $3. 5 billion range, being around the top end of long-term $2. October 30, 2024 Jul 22, 2024 · 1 Presentation. Refer Glencore Sustainability Report 2022 6 Contents At a glance Chair’s introduction Chief Executive Officer’s review Our business model Sustainability governance Diversified mining and marketing company Glencore expects this year’s marketing earnings to exceed the top end of its guidance range. Vendor Onboarding Process 2. Glencore expects to produce between 19 million and 21 million tons of steelmaking coal this year Apr 28, 2022 · Miner and trader Glencore lowered its 2022 production guidance on copper, zinc and cobalt after operational challenges and COVID-related absenteeism in the first quarter drove output for some Jul 3, 2020 · Drawing on internationally accepted standards, as well as Glencore’s Code of Conduct and our Anti-Corruption and Human Rights Policies, businesses adhere to the OECD Due Diligence Guideline for Responsible Supply Chains of Minerals from Conflict-Affected and High Risk Areas. Jul 21, 2023 · Glencore on Friday said it expects profits at its trading division this year of up to $4 billion, exceeding its long-term annual guidance. Glencore maintains 2024 guidance despite falls in metal production October 30, 2024 at 05:32 am EDT Share (Alliance News) - Glencore PLC on Wednesday said it remains on track to meet 2024 production guidance despite falls in output of copper, cobalt and zinc so far in the year. representation, warranty, assurance or guarantee as to the accuracy, completeness or correctness, likelihood of achievement or reasonableness of any forward -looking information contained in this document. “!ritically, we have also clarified the immediate future of our coal and carbon steel materials business. We recognise that building trust relies on factual, transparent and respectful communication and engagement. Responsible sourcing. 6 1 Nickel in concentrates kt 0. Dec 20, 2024 · Glencore. Jul 30, 2024 · Glencore plc revised production guidance for the year 2024. After applying a portfolio mix adjustment (component of our regular coal cash flow modelling guidance) of $33. Apr 28, 2022 · Prices for many of the metals Glencore mines remain close to their record highs of 2021, reflecting shortages during protracted COVID-related lockdowns and also the impact of Russia's war in Ukraine. 4 days ago · Our shareholder centre is the home of Glencore share price and distribution information, details of our AGMs and key corporate dates, as well as answers to frequently asked questions from shareholders. google Continue with Google; facebook-circle Continue with Facebook Oct 30, 2023 · Glencore maintained its overall 2023 guidance for copper, zinc, coal and cobalt output. 7 billion, which was already an upward revision from $2. Glencore Portal Content means any content, data or materials made available to Vendor on or via the Glencore Portal. guidance range. PK,GLNCY. We have the raw materials the world needs. R37 600 for a beneficiary, included (1 July 2024 - 30 June 2025) Intraocular lenses 043 Authorisation required. com Glencore LEI: 2138002658CPO9NBH955 Apr 30, 2024 · (Alliance News) - Glencore PLC on Tuesday said it had maintained its annual production guidance unchanged as the diversified miner posted mixed performance in the first quarter of 2024. movements in the pricing of non-NEWC quality coals, coking coal margins and the lag effect of 2020’s JPU fixed-price contracts, an average thermal Glencore Full Year 2023 Production Report NEWS RELEASE Baar, 1 February 2024 Glencore Chief Executive Officer, Gary Nagle: “Overall 2023 production was in line with our earlier revised guidance, with stronger second half volumes delivered across our key commodities, including copper, zinc, nickel and coal. This approach prioritises the use of responsibly-sourced materials with high recyclable content, addressing Glencore's substantial annual copper Apr 29, 2021 · Full-year production guidance, however, has been maintained for Glencore’s key commodities, while full-year earnings before interest and taxes are expected to be within the top half of the miner Glencore | 685,590 followers on LinkedIn. PK,GLEN. 0 Review: 07/12/2027 Page 4 of 74 Uncontrolled unless viewed on the intranet 1. L> reported stronger third-quarter production but its shares fell after it lowered its 2020 coal production guidance by 5. We sell commodities that we mine and produce ourselves. g. . We expect our suppliers to share our commitment to ethical, safe and responsible business practices and require them to act in a manner consistent with our Supplier Code of Conduct. 1 billion to $2. Dec 22, 2024 · Glencore Coal Assets Australia Quick Reference Guide FIQ66 Vendor Portal - Vendor Number: GCAA-1925882959-295 Status: Approved Effective: 07/12/2022 Owner: Commercial Manager Contracts Version: 6. Baar, 30 October 2023 . Net sales break down by family of products as follows: - oil products, coke and coal (62. 2 bln ** Reports lower copper, cobalt, zinc, nickel and thermal coal production Dec 6, 2022 · Glencore’s production guidance for copper and coal came in lower than analysts’ expectations, causing the share price to drop more than 3 per cent on its release before recovering at the end Dec 19, 2024 · Glencore Coal Assets Australia Quick Reference Guide FIQ66 Vendor Portal - Vendor Number: GCAA-1925882959-295 Status: Approved Effective: 07/12/2022 Owner: Commercial Manager Contracts Version: 6. Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that Jul 30, 2024 · The London-listed company backed its production outlook and raised its steelmaking coal guidance. L> on Monday cut its output forecast for core commodities including zinc, but raised its marketing division's full-year earnings before interest and tax (EBIT) to between $2. Glencore has cut production guidance across all the commodities it mines a day after committing to pay millions to the Democratic Republic of Congo after admitting to years of corruption. “Basis Q1 2021’s marketing performance, we expect full year Marketing EBIT to be within the top half of our long-term $2. For the year-to-date period, on a like-for-like basis, removing 15,000 tonnes of Cobar volumes from the prior Glencore has reiterated its full-year 2024 guidance, projecting Marketing Adjusted EBIT in the range of $3. 30 each (about $8. This is highly contrary to the narrative currently seen in the cobalt market, suggesting that increased demand for cobalt may result in potential shortages in the mid-term. Glencore maintained its overall 2023 guidance for copper, zinc, coal and cobalt output. 8 billion, annualising above our $2. The ramp up follows Glencore’s successful takeover of Canadian-based Elk Valley Resources (EVR), Teck Resources’ steelmaking coal subsidiary. fewings@glencore. Multinational mining company Glencore has maintained its 2024 production guidance for most of its metals but has separated its coal production figures following its acquisition of a 77% interest in the steelmaking coal business EVR from Teck Resources. 0 billion to $3. H1 2021 . Mining giant Glencore has maintained its full year production guidance across all commodity groups, after reporting lower metal production for the first nine months of the year, while coal output was boosted by the Full year production guidance has been maintained for our key commodities. Through a network of assets, customers and Glencore says, in its Third Quarter 2021 Production Report, that the asset base has largely performed in line with our expectations and its full year production guidance remains unchanged. Glencore 1Third Quarter 2023 Production Report NEWS RELEASE . 2024 guidance Glencore has maintained its 2024 production guidance and added additional steelmaking coal volumes for the second half of the year. Nov 3, 2021 · Glencore plc (“Glencore” or the “Company”) has today: published its Annual Report for the year ended 31 December 2020 This priority is reflected in the principles of our programme and related guidance, which require regular, open, fair and respectful communication, zero tolerance for human rights violations, . First quarter copper, zinc and coal production was broadly in line with the prior year comparable period, while nickel increased 14%, reflecting recovery from the Raglan strike impacts in the base period. We supply a wide range of customers from the automotive, electronics and Sign up for our portal Terms of use Privacy policy Cookies policy Accessibility © Glencore 2025 The average Newcastle coal (NEWC) settlement prices for 2021 was $137. A newborn or adopted child should be registered within 30 days of birth or adoption. 2 billion-$3. Zinc to be 900 kt -950 kt against previous guidance 900 kt -950 kt. 8 per tonne (basis a Newcastle thermal coal forward average price at the time of $175/t) Glencore maintained its overall 2023 guidance for copper, zinc, coal and cobalt output. 5 bln range, around top-end of its long-term forecast range of $2. Neither Glencore nor any of its affiliates, associates, employees, directors, officers or advisers, provides any . 2 Action Apr 28, 2022 · Miner and trader Glencore lowered its 2022 production guidance on copper, zinc and cobalt after operational challenges and COVID-related absenteeism in the first quarter drove output for some Oct 30, 2023 · Glencore plc specializes in producing and distributing metals, minerals and petroleum products, primarily for the automotive, steel, and food-processing industries. Our Purpose is to responsibly source the commodities that advance everyday life. But through our marketing business, we also source from an extensive base of third-party commodity suppliers, in countries all over the world. The average Newcastle coal (NEWC) settlement prices for the period was $320/t. 3. Notably, as energy markets have improved, the company is recovering from the market-driven production cuts initiated within our Australian coal portfolio in Glencore’s customer relationships. 0 billion, above its long-term guidance range. LONDON, July 21 (Reuters) - Glencore , opens new tab on Friday said it expects profits at its trading division this year of up to $4 billion, exceeding its long-term annual guidance. 1 Scope This Quick Reference Guide (QRG) specifies the steps to be This policy set out our approach to taxation and towards management, control over our tax affairs and the general framework within which Glencore operates when considering tax-related issues. 6 days ago · Our ESG approach. 0 billion-$3. AGM. SafeWork is our approach to eliminating fatalities. Production from own sources – Nickel assets. Apr 28, 2022 · It said earnings from its marketing unit will “comfortably” top the highest end of its guidance range of $2. “Across the portfolio, our full- year 2024 production guidance has been maintained and we have added additional steelmaking coal volumes in H2 2024, following successful closing of the EVR acquisition on 11 July 2024. 1p - among the top gainers on FTSE 100 CURRENCYCOM:UK100 index ** Maintains 2024 production guidance ** Continues to see FY marketing EBIT in $3 bln-$3. Our Ethics and Compliance programme encompasses risk assessments, policies and procedures, training and awareness, monitoring, speaking openly and investigations. watenphul@glencore. The London- and Johannesburg-listed producer and marketer of Glencore maintained its overall 2023 guidance for copper, zinc, coal and cobalt output. 5 R, Jun 17, 2022 · The commodity mining and trading giant said that "unprecedented dislocation" in energy markets has resulted in record pricing differentials between coal benchmarks and quality categories. Glencore is a commodities trader and miner based in Barr guidance is unchanged from that presented at Glencore’s investor presentation in December 2022. During the year, however, we saw a mixed overall production performance. JFE Steel Reportedly Eyes Stake in Teck Resources' Coal Business Oct 20. We are committed to being a good corporate fiscal citizen aiming for sustainability in relation to tax. Third Quarter 2024 Production Report . In 2020, we embarked on a comprehensive review of our entire Group policy framework. We work with experts to develop our programme, taking account of international best practice and guidance from relevant authorities. 17/05/2024. The electrochemical leaching process, if successful, could extend Lomas Bayas mine’s life by at Oct 30, 2024 · Glencore Keeps Guidance After Sequentially -2-Best financial portal +951% of historical performance More than 20 years at your side + 1,000,000 members Quick & easy cancellation Our Experts are here for you OUR Its previous 2017 marketing, or trading, EBIT guidance was $2. Compared to 2022, the moderately Baar, Switzerland 28 October 2022. pobsb pume gwuh dtann czazwpw kvcg celod syz etylb byzcx