Glencore

Lithium-Ion Battery Recycling Market size worth $ 23.03 Billion, Globally, by 2030 at 19.6% CAGR: Verified Market Research®

Retrieved on: 
Thursday, November 2, 2023

JERSEY CITY, N.J., Nov. 2, 2023 /PRNewswire/ -- The Global Lithium-Ion Battery Recycling Market is projected to grow at a CAGR of 19.6% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 4.6 Billion in 2021 and is expected to reach USD 23.03 Billion by the end of the forecast period.

Key Points: 
  • The " Global Lithium-Ion Battery Recycling Market Size By End-Use, By Battery Chemistry, By Geographic Scope And Forecast " report has been published by Verified Market Research®.
  • The report provides an in-depth analysis of the global Lithium-Ion Battery Recycling Market, including its growth prospects, market trends, and market challenges.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global Lithium-Ion Battery Recycling Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global Lithium-Ion Battery Recycling Market into End-Use, Battery Chemistry, And Geography.

SIGMA LITHIUM RECEIVES FROM GLENCORE A 50% PREPAYMENT AT PREMIUM PRICES FOR ITS THIRD SHIPMENT OF 20,000 TONNES

Retrieved on: 
Tuesday, October 31, 2023

The 50% prepayment reflects a premium pricing at a 9% provisional price of lithium hydroxide at LME (average China, Japan, South Korea) for the Company's unique Triple Zero Green Lithium.

Key Points: 
  • The 50% prepayment reflects a premium pricing at a 9% provisional price of lithium hydroxide at LME (average China, Japan, South Korea) for the Company's unique Triple Zero Green Lithium.
  • The shipment is part of a commercial distribution and marketing agreement with Glencore that aims to build a low carbon, environmentally and socially sustainable global lithium supply chain for electric vehicles.
  • Glencore is the counterparty client for Sigma Lithium in the third shipment.
  • Water preservation: Preserves 100% of the Piaui Creek source of drinking water for the communities living around Sigma Lithium.

All mines close. How can mining towns like Mount Isa best manage the ups and downs?

Retrieved on: 
Thursday, October 26, 2023

The announcement by Glencore last week that its Mount Isa copper mines will close in 2025 is significant for the town.

Key Points: 
  • The announcement by Glencore last week that its Mount Isa copper mines will close in 2025 is significant for the town.
  • Questions raised by the closures have wider relevance for how other towns and regions across Australia manage mines as they come and go.

Plan the end from the beginning

  • However, the impact of future closures on communities is rarely front of mind when mines open.
  • This means the issue of how towns effectively manage a mine’s closure can be treated as an afterthought.
  • One important way to ensure towns and regions can manage mining and its impacts is for community perspectives to inform public policymaking and planning.
  • The period before a mine opens is the ideal time to openly discuss how its life – and its end of life – will play out for the community.

Invest in the future during operations

  • Once a mine is established, the focus is very much on ongoing operations.
  • Mines seek to present themselves as part of local communities, but they typically remain very large, multinational businesses.
  • That is, they are in the local community but not part of it.
  • But financial benefits rarely accrue to communities, with mining royalties significantly less than they could be.
  • While those involved in mining receive financial benefits, the rest of the community can often find itself at an economic disadvantage.
  • Read more:
    'We need to restore the land': as coal mines close, here's a community blueprint to sustain the Hunter Valley

Involve locals in planning transitions

  • Ensuring community voices are heard in planning mine closure is key to ensuring towns and regions benefit during and after mining.
  • While funding is available and the council is committed to forward planning, what does structural adjustment really mean for the community?
  • Yet if all planning is done at arm’s length, it will not be able to draw on the community’s deep insights about place.

A wider problem

  • These include coal mines in the Hunter Valley and Victoria’s Latrobe Valley.
  • And as the transition accelerates, we might expect to see other mines open, as renewable energy industries seek the critical minerals they need.
  • This week, for example, the federal government announced $2 billion in funding to support the critical minerals industry.


The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

Global Cobalt Market Analysis Report 2023: Demand is Projected to Rise to 267.33 Kilotonnes by 2028 - DRC Holds the Largest Market Share, while Indonesia is Poised to be the Fastest-Growing Country - ResearchAndMarkets.com

Retrieved on: 
Wednesday, October 18, 2023

The global cobalt market mined supply stood at 205.30 kilotonnes in 2022.

Key Points: 
  • The global cobalt market mined supply stood at 205.30 kilotonnes in 2022.
  • Whereas, The cobalt market demand is projected to rise to 267.33 kilotonnes by 2028.
  • This would help to meet the growing demand for cobalt and stabilize the price of cobalt, resulting in market growth.
  • DRC currently holds the largest market share, while Indonesia is poised to be the fastest-growing region in the coming years.

World's Largest Miners Confirmed For This Year's Resourcing Tomorrow Event

Retrieved on: 
Friday, October 6, 2023

London, United Kingdom--(Newsfile Corp. - October 6, 2023) - Representatives from the world's largest mining companies, Anglo American, BHP, Glencore, Rio Tinto and Vale have confirmed their attendance for this year's Resourcing Tomorrow event and will join other leading mining companies including Anglo Gold Ashanti, Antofagasta Minerals, Barrick, B2 Gold, Eldorado Gold, Endeavour Mining, Freeport McMoRan, Newmont, Sibanye Stillwater, Teck Resources, and Wheaton Precious Metals.

Key Points: 
  • London, United Kingdom--(Newsfile Corp. - October 6, 2023) - Representatives from the world's largest mining companies, Anglo American, BHP, Glencore, Rio Tinto and Vale have confirmed their attendance for this year's Resourcing Tomorrow event and will join other leading mining companies including Anglo Gold Ashanti, Antofagasta Minerals, Barrick, B2 Gold, Eldorado Gold, Endeavour Mining, Freeport McMoRan, Newmont, Sibanye Stillwater, Teck Resources, and Wheaton Precious Metals.
  • As Europe's largest mining event, Resourcing Tomorrow: Accelerating the Energy Transition takes place in London on the 28-30 November and is poised to be yet another agenda-setting edition for the industry, fostering collaboration and knowledge exchange among professionals in the field.
  • Resourcing Tomorrow unites all stakeholders in the mining industry, including global mining and energy companies, investors, government delegations, researchers, educators, regulators, suppliers, and operators.
  • The conference programme will provide 100+ intelligent and forward-thinking sessions in which all of the aforementioned miners will participate, giving attendees the opportunity to engage and network with leaders and industry specialists from around the world.

The Logic Factory Announces Successful Go-live at Glencore’s Zinc and Lead Operations to Tackle Planning Complexities of Feed Mix in the Mining Industry to Maximize Profit

Retrieved on: 
Tuesday, October 10, 2023

The Logic Factory announces a go-live with Glencore, a global leader in diversified natural resource commodities.

Key Points: 
  • The Logic Factory announces a go-live with Glencore, a global leader in diversified natural resource commodities.
  • View the full release here: https://www.businesswire.com/news/home/20231010546361/en/
    The Logic Factory announces successful go-live at Glencore's Zinc and Lead operations to tackle planning complexities of feed mix in the mining industry to maximize profit.
  • (Graphic: Business Wire)
    Glencore partnered with The Logic Factory to implement integrated planning.
  • “The adaptability of the solution coupled with support from The Logic Factory team delivered increased efficiency and flexibility that are crucial to our business.

Marathon Oil Announces LNG Sales Agreement for Alba Gas in E.G.

Retrieved on: 
Monday, October 16, 2023

HOUSTON, Oct. 16, 2023 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced that through its wholly-owned subsidiaries it has entered into a five-year firm LNG sales agreement with Glencore Energy UK Ltd, a subsidiary of Glencore PLC (LSE: GLEN), for a portion of its equity natural gas produced from the Alba Field (Alba Unit, MRO 64% working interest) in Equatorial Guinea (E.G.), effective Jan. 1, 2024. The pricing structure for the LNG sales agreement is linked to the Dutch Title Transfer Facility (TTF) index, less a fixed transportation fee, providing Marathon Oil with significant incremental exposure to the European LNG market.

Key Points: 
  • The pricing structure for the LNG sales agreement is linked to the Dutch Title Transfer Facility (TTF) index, less a fixed transportation fee, providing Marathon Oil with significant incremental exposure to the European LNG market.
  • Separately, due to the expected arbitrage between LNG and methanol pricing, Marathon Oil announced it expects to optimize its E.G.
  • integrated gas operations in 2024 by redirecting a portion of Alba Unit natural gas from the local methanol facility (MRO 45% working interest) to the LNG facility (MRO 56% working interest).
  • Alex Sanna, Head of Oil and Gas Marketing, Glencore PLC, said: "We are delighted to further expand our cooperation with Marathon Oil.

World's Mineral Leaders Gather in Riyadh to Attend Third Edition of Future Minerals Forum

Retrieved on: 
Tuesday, October 3, 2023

RIYADH, Saudi Arabia, Oct. 3, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Recourses announced that over 200 speakers, including CEOs from the world's foremost mineral companies, are set to attend the third edition of the Future Minerals Forum (FMF), which is scheduled to take place from January 9-11, 2024, at the King Abdulaziz International Conference Center in Riyadh.

Key Points: 
  • "FMF is a government-led initiative, serves as a vital platform for fostering partnerships among global investors, mining firms, and stakeholders.
  • With a focus on the super region covering Africa, Western and Central Asia, FMF amplifies the voices of mineral suppliers, facilitating their pivotal role in the global green transition.
  • In doing so, FMF supports economic development by uniting decision makers, driving investment, and promoting responsible mining, processing and manufacturing industries needed for supplying clean energy and goods."
  • said His Excellency the Vice-Minister of Industry and Mineral Resources for Mining Affairs, Khalid Al-Mudaifer.

World's Mineral Leaders Gather in Riyadh to Attend Third Edition of Future Minerals Forum

Retrieved on: 
Tuesday, October 3, 2023

RIYADH, Saudi Arabia, Oct. 3, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Recourses announced that over 200 speakers, including CEOs from the world's foremost mineral companies, are set to attend the third edition of the Future Minerals Forum (FMF), which is scheduled to take place from January 9-11, 2024, at the King Abdulaziz International Conference Center in Riyadh.

Key Points: 
  • "FMF is a government-led initiative, serves as a vital platform for fostering partnerships among global investors, mining firms, and stakeholders.
  • With a focus on the super region covering Africa, Western and Central Asia, FMF amplifies the voices of mineral suppliers, facilitating their pivotal role in the global green transition.
  • In doing so, FMF supports economic development by uniting decision makers, driving investment, and promoting responsible mining, processing and manufacturing industries needed for supplying clean energy and goods."
  • said His Excellency the Vice-Minister of Industry and Mineral Resources for Mining Affairs, Khalid Al-Mudaifer.

Li-Cycle Celebrates the Opening of One of the Largest Lithium-Ion Battery Recycling Facilities in Europe in Saxony-Anhalt, Germany

Retrieved on: 
Wednesday, September 27, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230927626410/en/
    Ribbon cutting at Li-Cycle’s grand opening event at its Spoke recycling facility in Saxony-Anhalt, Germany.
  • Germany also represents the largest market for both battery manufacturing scrap and end-of-life lithium-ion batteries in Europe.
  • Our first Spoke in Europe is supporting our growing customer base in Germany, the largest battery market on the Continent.
  • The full-scale Phase 2 of the Portovesme Hub is expected to be one of the largest sources of sustainable recycled battery materials in Europe.