Extractive Industries Transparency Initiative

Glencore Acquires Full Ownership of PolyMet Mining Corp.

Retrieved on:

Mardi, novembre 7, 2023

Life, Paris, Security, Extractive Industries Transparency Initiative, International Council, Metal, Marketing, Natural Resources, Steel, International Council on Mining and Metals, Mining, Voluntary Principles on Security and Human Rights, Glencore

Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors.

Key Points:

Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors.
Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals.
The companies in which Glencore plc directly and indirectly has an interest are separate and distinct legal entities.
In this document, “Glencore”, “Glencore group” and “Group” are used for convenience only where references are made to Glencore plc and its subsidiaries in general.

Glencore Submits Non-Binding Acquisition Proposal to PolyMet Board

Retrieved on:

Lundi, juillet 3, 2023

Paris, Life, Marketing, International Council, Extractive Industries Transparency Initiative, Steel, Voluntary Principles on Security and Human Rights, Natural Resources, Security, International Council on Mining and Metals, Mining, Metal, Glencore

BAAR, Switzerland, July 03, 2023 (GLOBE NEWSWIRE) -- On June 30, 2023, Glencore AG, a wholly-owned subsidiary of Glencore plc (together “Glencore”) submitted a non-binding proposal to the board of directors of PolyMet Mining Corp. (“PolyMet”) to acquire all of the outstanding common shares of PolyMet (“Common Shares”), other than those shares currently held by Glencore (the “Proposal”). Under the Proposal, each Common Share would be acquired for consideration of US$2.11 in cash, which is at par with the recent Rights Offering done by PolyMet in April 2023. The Proposal is subject to the negotiation and execution of definitive transaction documents and customary approvals, including approval of a majority of PolyMet’s shareholders not affiliated with Glencore.

Key Points:

Glencore’s customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors.
Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals.
The companies in which Glencore plc directly and indirectly has an interest are separate and distinct legal entities.
In this document, “Glencore”, “Glencore group” and “Group” are used for convenience only where references are made to Glencore plc and its subsidiaries in general.

Former NZ PM Calls for Greater Transparency in Mining

Retrieved on:

Mercredi, novembre 2, 2022

Australasian Institute of Mining and Metallurgy, Disclosure, Extractive Industries Transparency Initiative, Policy, Conference, EITI, Electricity, China Beijing International Mining Exchange, Learning, Donald McLeod (Victorian state politician), Mine, Good governance, Role, Mining, Metallurgy, Renewable energy, International Convention Centre Sydney

Ms. Clarke highlighted the need for greater global transparency within the mining and extractive industry as the world transitions to renewable and greener forms of energy.

Key Points:

Ms. Clarke highlighted the need for greater global transparency within the mining and extractive industry as the world transitions to renewable and greener forms of energy.
Ms. Clarke addressed the conference in her role as Chair of the Extractive Industries Transparency Initiative (EITI) and she flagged the difficulties in transitioning in a clean, just and sustainable manner.
The report will set out a framework for actors at sub-national, national, and international level to engage in transparent and ethical mining.
The International Mining and Resources Conference (IMARC ) is where global mining leaders collaborate on trends in mining, investment and innovation towards a sustainable future.

Former New Zealand Prime Minister Helen Clark to Speak at IMARC in Sydney in November

Retrieved on:

Mercredi, octobre 12, 2022

Sydney, Australia--(Newsfile Corp. - October 12, 2022) - Former New Zealand Prime Minister Helen Clark has announced she will attend the International Mining and Resources Conference (IMARC) in Sydney November 2-4.

Key Points:

Sydney, Australia--(Newsfile Corp. - October 12, 2022) - Former New Zealand Prime Minister Helen Clark has announced she will attend the International Mining and Resources Conference (IMARC) in Sydney November 2-4.
She also hopes to use this visit to secure commitment from the Australian Government to new norms on transparency in the extractive industries.
He is hopeful the recent change in government signals a more meaningful commitment to transparency across the extractive sector's entire value chain.
IMARC Managing Director Anita Richards says incredibly meaningful discussions like this are at the core of the conference and expo.

AS A NEW PRIME MINISTER IS SELECTED, POLL FINDS 80% OF AMERICANS BELIEVE US-UK LEADERSHIP IN NATO IS IMPORTANT TO GLOBAL SECURITY

Retrieved on:

Jeudi, septembre 1, 2022

BOSTON, Sept. 1, 2022 /PRNewswire/ -- A new Emerson College poll commissioned by the Association of Marshall Scholars finds that eighty percent of US residents view American and British leadership in NATO as "very" or "somewhat important" to global security. Respondents identified NATO leadership (25%), climate change (21%), and international trade (20%) as the top joint priority areas for the next British Prime Minister, ahead of the Conservative Party selection on Monday, September 5th. Eighty-seven percent of Democrats and eighty-six percent of Republicans consider the US and British leadership "very" or "somewhat important" on global security.

Key Points:

Americans view NATO leadership as the most important issue for the next Prime Minister to address with the US President.
Eighty-seven percent of Democrats and eighty-six percent of Republicans consider the US and British leadership "very" or "somewhat important" on global security.
"Americans understand how critically important US-UK leadership is to global security," said Dr. Nell Breyer, Executive Director of the Association of Marshall Scholars.
The American public hopes the next British Prime Minister will continue prioritizing NATO leadership with the current US administration."

AS A NEW PRIME MINISTER IS SELECTED, POLL FINDS 80% OF AMERICANS BELIEVE US-UK LEADERSHIP IN NATO IS IMPORTANT TO GLOBAL SECURITY

Retrieved on:

Jeudi, septembre 1, 2022

BOSTON, Sept. 1, 2022 /PRNewswire/ -- A new Emerson College poll commissioned by the Association of Marshall Scholars finds that eighty percent of US residents view American and British leadership in NATO as "very" or "somewhat important" to global security. Respondents identified NATO leadership (25%), climate change (21%), and international trade (20%) as the top joint priority areas for the next British Prime Minister, ahead of the Conservative Party selection on Monday, September 5th. Eighty-seven percent of Democrats and eighty-six percent of Republicans consider the US and British leadership "very" or "somewhat important" on global security.

Key Points:

Americans view NATO leadership as the most important issue for the next Prime Minister to address with the US President.
Eighty-seven percent of Democrats and eighty-six percent of Republicans consider the US and British leadership "very" or "somewhat important" on global security.
"Americans understand how critically important US-UK leadership is to global security," said Dr. Nell Breyer, Executive Director of the Association of Marshall Scholars.
The American public hopes the next British Prime Minister will continue prioritizing NATO leadership with the current US administration."

DGAP-News: African Energy Chamber: True Justice for Glencore’s Appalling Corruption Will Include Better Tomorrows for Those Hurt Most: Everyday Africans

Retrieved on:

Lundi, mai 30, 2022

African Energy Chamber: True Justice for Glencores Appalling Corruption Will Include Better Tomorrows for Those Hurt Most: Everyday Africans

Key Points:

African Energy Chamber: True Justice for Glencores Appalling Corruption Will Include Better Tomorrows for Those Hurt Most: Everyday Africans
The issuer is solely responsible for the content of this announcement.
True Justice for Glencores Appalling Corruption Will Include Better Tomorrows for Those Hurt Most: Everyday Africans
Switzerland-headquartered commodities and mining multinational Glencore Plc has been making headlines lately for all the wrong reasons.
And, for the record, the African Energy Chamber has never solicited or accepted a single monetary contribution from Glencore.
And, finally, everyday Africans the ones hurt most by corruptions toxic effects must receive justice.

Li-Cycle and Glencore Announce Global Strategic Partnership; Glencore to Make a $200 Million Investment in Li-Cycle

Retrieved on:

Jeudi, mai 5, 2022

Other Energy, Natural Resources, Other Manufacturing, Alternative Energy, Energy, Automotive Manufacturing, Mining, Minerals, Manufacturing, Lithium, Extractive Industries Transparency Initiative, PIK, Communication, Spoke, Failure, Mining, Risk, Annual report, Adoption, Section 21 notice, Life, Technology, Natural Resources, Metal, Forward-looking statement, NYSE, Probability, Partnership, Industry, EVS, Disagreement, Lists of disasters, Paris, LON, Ontario Securities Commission, Investment, U.S. Securities and Exchange Commission, Contract, Private Securities Litigation Reform Act, Efficiency, Sale, Goal, Consultant, Indian stock exchange, Cell, Hub, Voluntary Principles on Security and Human Rights, COVID-19, Steel, Kleffman v. Vonage Holdings Corp., LG Chem, Paris Agreement, EV, Security (finance), International Council, Marketing, Note, Spoke–hub distribution paradigm, SOFR, Security, Electric battery, Glencore, Recycling

Li-Cycle and Glencore have executed a global feedstock supply agreement under which Glencore will supply all types of manufacturing scrap and end-of-life lithium-ion batteries to Li-Cycle.

Key Points:

Li-Cycle and Glencore have executed a global feedstock supply agreement under which Glencore will supply all types of manufacturing scrap and end-of-life lithium-ion batteries to Li-Cycle.
We are thrilled to have Glencore as a long-term strategic investor and global commercial partner.
Glencore will purchase a convertible note in the aggregate principal amount of $200 million (the Note).
In addition, Glencore has committed to a standstill agreement and Li-Cycle has granted certain registration rights to Glencore.

OPTEL Assists Glencore to Reduce Its GHG Emissions With Traceability

Retrieved on:

Mardi, mars 15, 2022

The funding commitment will allow OPTEL to deploy its CO2traceability solution within Glencore Canadian Operation, which will help reduce greenhouse gas emissions from supply chains and improve its recycled material content.

Key Points:

The funding commitment will allow OPTEL to deploy its CO2traceability solution within Glencore Canadian Operation, which will help reduce greenhouse gas emissions from supply chains and improve its recycled material content.
For this project, OPTEL will develop and implement a solution todynamically track and assess the copper processed at both Glencore facilities in Qubec.
With the help of the CIRAIG research group and Propulsion Quebec, OPTEL will provide Glencore with an active inventory of their greenhouse gas (GHG) emissions (scopes 1, 2 and 3) captured across their supply chain.
Glencore will benefit from OPTELl traceability platform with the ability to dynamically measure its GHG emission as well as the quantity of recycled content, at the unit level, in the smelted and refined copper.

MISSOURI COBALT HOLDINGS CHANGES NAME TO UNITED STATES STRATEGIC METALS; ANNOUNCES STRATEGIC GLOBAL MARKETING RELATIONSHIP WITH GLENCORE

Retrieved on:

Mercredi, février 9, 2022

Missouri Cobalt, LLC announced it has changed the name of its parent company to United States Strategic Metals, LLC.

Key Points:

Missouri Cobalt, LLC announced it has changed the name of its parent company to United States Strategic Metals, LLC.
The Company also announced it has entered into a strategic global marketing relationship with Glencore.
The marketing relationship includes a long-term off-take agreement for 100% of the Company's products, which include cobalt and nickel sulfates, lithium products and copper cathode, with a significant embedded pre-payment.
Additionally, the Company and Glencore are exploring other commercial arrangements, including a recycling and raw materials sourcing agreement to support the ramp-up of the Company's hydrometallurgical processing facility.