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Glencore

Stories before and after the company merged with Xstrata in 2012

August 2024

  • Alex Beard

    Billionaire former Glencore oil trader charged with corruption in West Africa

    Alex Beard and four other executives charged with conspiring to make corrupt payments in long-running SFO investigation

May 2024

  • a worker in full protective gear stokes a white hot furnace at a smelting plant

    Anglo American rejects BHP’s third takeover offer of £38.6bn

    Australian firm says £31.11 a share is its final offer, but FTSE 100 miner agrees to enter talks with larger rival
  • Graham Readfearn

    Temperature Check
    Gina Rinehart, One Nation and the Greens all oppose Glencore’s plan to store CO2 in the Great Artesian Basin – why?

    Graham Readfearn
    The mining company insists the storage hub is safe but many are unconvinced about injecting carbon dioxide into a major Australian water resource
  • Wide shot of the mine seen from a distance. Trucks are driving around it.

    Mining industry braces for multi-billion pound Anglo American bidding war

    Glencore understood to be considering takeover offer while BHP could move again after initial rejection

December 2023

  • Shopper buying bread

    Greedflation: corporate profiteering ‘significantly’ boosted global prices, study shows

    Multinationals in particular hiked prices far above rise in costs to deliver an outsize impact on cost of living crisis, report concludes

October 2023

  • Rolls-Royce worker with the company's MT30 engine

    Bleak day for UK jobs as firms including Rolls-Royce and KPMG plan to cut 4,000 roles

    British jet engine maker to cut workforce as Swedish electric truck firm Volta files for bankruptcy

May 2023

  • The sign of the World Economic Forum in Davos.

    Battery passports: how a meeting at Davos helped set a car industry standard

  • A copper and cobalt mine in the Democratic Republic of the Congo

    Concerns raised over mining companies’ role in battery passport scheme

February 2023

  • Glencore's Mount Owen coalmine in Ravensworth. Australia.

    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

November 2022

  • A man passes a poster of the Qatar 2022 mascot La'eeb in Doha, Qatar.

    FTSE 100 firms hand billions in dividend payouts to Qatar investors

    Critics say everyday UK consumer spending has funnelled billions to controversial World Cup host since 2010
  • The Glencore chairman, Kalidas Madhavpeddi, arrives at Southwark crown court in London

    London court forces Glencore to pay record £281m for bribery in Africa

    Miner hit with largest ever UK legal penalty for a company over ‘endemic’ corruption at African oil trading desk
  • Lisa Osofsky (second right), the SFO director, with her team ahead of the sentencing of mining giant Glencore Energy UK Limited.

    Mining giant Glencore flew cash bribes to Africa via private jet, UK court hears

    Corruption at FTSE 100 firm described as endemic at sentence hearing

October 2022

  • Ravensworth Homestead, which is located in the middle of Glencore’s Glendell coalmine in the NSW Hunter Valley

    The rural network
    Aboriginal cultural heritage protected as NSW rejects Glendell coalmine expansion

    Wonnarua people want Ravensworth Homestead added to the state heritage register and to become a site of reconciliation

July 2022

  • Graham Readfearn

    Temperature Check
    Mining giant Glencore’s Australian PR blitz forgets the coal driving the climate crisis

    Graham Readfearn
    The company’s new campaign trumpets that it is ‘laying the foundations for a low carbon future’ – without mentioning the nearly $1bn it spent on coal production in 2020 and 2021

June 2022

  • The Glencore headquarters in Baar, Switzerland

    Glencore pleads guilty to bribery related to African oil operations

    SFO says subsidiary of commodity trading company will be sentenced in November

May 2022

  • Glencore's headquarters in Baar, Switzerland.

    Glencore to pay $1bn settlement amid US bribery and market abuse allegations

    Company also indicates it will plead guilty to bribery counts in UK in relation to oil operations in Africa

March 2022

  • A Russian flag waves next to one of the Kremlin towers in Moscow

    UK firms rush to dump Russian assets amid efforts to isolate Moscow

    British Gas owner Centrica cuts ties as Legal & General, Abrdn and Nest all try to sell stocks

February 2022

  • Peter Rolton, Britishvolt’s executive chairman

    Britishvolt secures £40m investment for electric vehicle battery factory

  • A nickel sulphate plant that global miner BHP Group is building to service the battery industry at its Nickel West operations, south of Perth, in Australia

    Scandal-hit mining companies BHP and Glencore pay record $12bn to investors

November 2021

  • The Ravensworth Homestead

    The rural network
    Glencore launches public attack on Indigenous pair opposing NSW mining project

    In community newspaper ad, mining giant name Aboriginal men who are seeking to protect massacre site
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