Glencore q3 results. Half-Year Production Report.
Glencore q3 results 38) to $2. . 0m (down by 105% from US$4. com Glencore LEI: 2138002658CPO9NBH955 Baar, 15 February 2022 Preliminary Results 2021 Highlights Glencore's Chief Executive Officer, Gary Nagle, commented: "In spite of the ongoing challenges of Covid-19, 2021 was an extraordinary year for Glencore, reflecting rising demand for our metals and energy products, record Adjusted EBITDA and the transition to new leadership. Pilot and Electriq Global announce collaboration to explore deployment of proprietary hydrogen transport, storage and power generation technology. 6 million carats. Financial News Articles for Glencore Plc Ord Usd0. Our 2023 Full Year Results will be released on Wednesday, 21 February 2024. In 2022, we began to provide water treatment services at maartje. Upon completion of the transaction, Glencore will become the sole owner and operator of MARA. 8%); - metals and minerals Glencore expects the transaction to be completed in Q3 2023. com Ash Lazenby t: +41 41 709 2714 m: +41 79 543 3804 ash. AZSA Public Due Diligence Report. US$0. This decline was primarily driven by the sale of Cobar in June 2023 and lower copper by-product production outside the Copper department. long-term guidance range, with a likely outcome within the previously communicated $3. Charles Watenphul t: +41 41 709 2462 Notice of 2024 Half-Year Results. Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and Q3 Results Comments and questions to newsroom@alliancenews. 1b (up 9. Canadian miner Teck Resources plans to close the sale of its steel-making coal unit to Glencore no later than the third quarter of 2024, CEO Jonathan Price told Reuters in an interview on Thursday. (Own-sourced output volume, year-on-year % change) Copper 303,600 tonnes, -15% Zinc 256,600 tonnes, To read full article please click here Q3 iron ore shipments, most of which are destined for steel mills in China, rose 1% Y/Y and 5% Q/Q to 84. movements in the pricing of non-NEWC quality coals, coking coal margins and the lag effect of 2021’s JPU fixed-price Review of Q3 2024 Financial Results The Company achieved strong year-over-year revenue growth of 79% for total revenue of $8. Glencore Chile; Glencore Peru; Antamina; Cerrejón; El Pachón; Alumbrera; Collahuasi; Who we are. Forward -looking statements are not guarantees of future performance and may Baar, Switzerland 11 April 2023. Other selected financial results for the three and nine months ended September 30, 2023 are as follows: ZURICH, Oct 30 (Reuters) - Swiss commodities company Glencore International AG [GLEN. Wednesday 21 February. Media News Media. Glencore LEI: 2138002658CPO9NBH955. • The Directors propose a final dividend of $ 0. 47/share, in the year-earlier quarter, as revenues fell 9. 7 million in 2023. Feb. 2 million in Q3 2023. 2 billion p. Glencore LEI: 2138002658CPO9NBH955 Recorded Proportional and GAAP revenues of $10. Q1 2024 Production Report . Shows. 56/share, from $373M, or $2. future events, results of operations, prospects, financial condition and discussions of strategy. 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 advance everyday life. 1 million and adjusted EBITDA of US$42. Despite a decrease in volumes and market prices for certain products, the company managed to maintain an average price of US$16,200 per metric ton of Insights from Glencore’s Results Glencore’s revenue for the full year 2023 declined 15% to $217 billion compared to last year. burton@glencore. Notes for Editors Glencore plc company earnings calendar and analyst expectations - Upcoming and past events | London S. 0 billion since project inception – Glencore has supported KNS in building capacity in the local workforce and developing a contractor ecosystem; embedded internationally recognised operating and safety standards; Notice of 2024 Half-Year Results. Our 2024 Half-Year Results will be released on Wednesday, 7 August 2024. Please refer to the end of this document for disclaimers including on forward-looking statements. 6 %âãÏÓ 8763 0 obj > endobj 8792 0 obj >/Filter/FlateDecode/ID[26E046FE1B4DF44DA0B00DD860D0240F>]/Index[8763 48]/Info 8762 0 R/Length 133/Prev 519175/Root Title: Glencore Q3 2018 production report Author: robert. 9B, below the $13. 2012 relative operating performance – in controlled industrial activities . Submit Search. 5 15 Jul 2024 (Johannesburg Stock Exchange) Glencore plc has announced that it will publish its 2024 Half-Year Production Report on Tuesday, 30 July 2024, followed by its Half-Year Financial Results Adjusted EBITDA of $2. "During the current quarter, key anticipated quarterly sequential production improvements have been achieved, notably at African Copper +6kt (+13% Q3/Q2), Antapaccay +9kt (+35% Q3/Q2), Kazzinc +13kt (+27% Q3/Q2), Murrin Murrin +1kt (+7% Q3/Q2) and Australian energy coal +3. 30/t. 2024 Half-Year Results Media Main Menu. These collective expressions 2024 Half-Year Results Media Main Menu. Glencore’s Chief Executive Officer, Gary Nagle, commented: “The global pandemic, recovery from it and years of underinvestment, followed by conflict in Europe, exposed pre-existing vulnerabilities in energy security and supply chains, underpinning the generally high and volatile 2022 commodity price environment, which Martin Fewings t: +41 41 709 2880 m: +41 79 737 5642 martin. Total revenue includes revenue from product sales, which takes into account the impact of non-cash fair value pricing adjustments and recycling services. Glencore - 2023 Results. 0 million and $6. LSE GBp 22/01/2025 16:36 GMT 377. Glencore PLC: Trading Statement: Grit Real Estate Income Group Ltd: Full Year Results: GSK PLC: Q3 Results: Next PLC: Trading Statement: Smurfit Westrock PLC: Q3 Results: Standard Chartered PLC Glencore Q3 Production: Mixed Results Mare Evidence Lab Thu, Nov. Glencore Financial Calendar. Divya Rajagopal . Coal realised pricing. 0 billion-$3. Glencore plc has a negative PE ratio of -13,576. Half-Year Production Report. 78 Glencore shares per Teck B share, which represents a valuation premium of 22% based on Glencore’s and Teck B’s undisturbed last close prices as of 31 March 2023, being the last close prior to the proposal becoming public and 20% based on Glencore’s and Teck B’s last close prices as of 24 March 2023, being the last close Notice of 2024 Preliminary Results Media Main Menu. Working capital of $10. Energy results were below the relatively UPDATE 1-Teck Resources expects to close coal unit sale to Glencore by Q3, CEO says. a. GLNCY Glencore Chief Executive Officer, Gary Nagle: (21,300 tonnes) and the planned mining cessation of Iscaycruz in Peru in Q3 2021 (20,300 tonnes). 9. Who we are At a glance At The Core Our Purpose and Values Our Code of Conduct Our Policies Our business model and strategy Our history Leadership Governance Transparency What we do. Watch below to learn more about our performance ⬇️ https://lnkd. Teck will host an Investor Conference Call to discuss its Q3/2024 financial results at 11:00 AM Eastern time, 8:00 AM Pacific time, on October 24, 2024. TO . 4 million in Q3 2022, a 101% increase. Neither Glencore nor any of its associates or directors, officers or advisers, provides any representation, assurance or guarantee that the Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Lot 3 Unit 3 - Nzilo Quick Fix Lot 4 Unit G27 Inga refurbishment SHARES of Genting Singapore jumped as much as 11. Subscribe Now. The average Newcastle coal (NEWC) settlement prices for 2022 was $360/t. Glencore’s third-quarter production report reveals notable sequential improvements in key commo Glencore plc announces the following material dates for investors in 2024: Corporate events Dates (all 2024) Production Report for the 12 months ended 31 December 2023: Thursday 1 February: Preliminary Annual Results 2023: Wednesday 21 February: First Quarter Production Report: Tuesday 30 April: Annual General Meeting: Wednesday 29 May: Half The companies in which Glencore plc directly and indirectly has an interest are separate and distinct legal entities. 3 billion on July 11, 2024. Duration: 00:05:11 Description: Video footage of the presentation of the result of the Q3 2024 [Background music begins] Geometric, yellow shapes rotate on a white background. 00 am UK. 1 billion, cash generated by operating activities of Glencore Technology; Zipatank; Hypersparge; IsaKidd; IsaMill; IsaSmelt; JamesonCell; Albion Process; Viterra; Aquarius Energy; Glencore in South Africa; Glencore in the DRC; 2024 Half-Year Results. 3% Y/Y to $12. For further information please contact: Investors. 7M tons; Q2 results were Q3 Results Comments and questions to newsroom@alliancenews. Allspring Utility And Telecommunications Fund Q3 2024 Commentary (EVUAX) News December 12, 2024. Q3 saw a healthy improvement both year-on-year and sequen Explore Glencore's 2024 Half-Year Results presentation at SlideGenius. The information in this document provides an insight into how we Glencore Chile; Glencore Peru; Antamina; Cerrejón; El Pachón; Alumbrera; Collahuasi; Who we are Main Menu. • In May 2024, Glencore sold its stake in Volcan. At this time all participants are in listen-only mode. events or results “may”, “could”, “should”, “shall”, “would”, “might” or “will” be taken, occur or be achieved. 1035 per share, bringing the total dividend for the year to $ 0. 9 billion dollars since the acquisition of Xstrata, and a total of US$9. 0M, smashing previous market estimates. 29/05/2024. Glencore plc (“Glencore”) announces that it has submitted a reply to the letter from the Board of Directors of Teck Resources Limited (“Teck”) dated 3 April, in which it responds to certain of Teck’s stated concerns regarding the Proposed Merger Demerger and proposes certain modifications to the terms of the Proposed Merger Demerger. Own sourced nickel production of 30,700 tonnes was 5,500 tonnes (22%) higher than Q1 2021, primarily reflecting Koniambo operating both production lines in 2022. www. closely tracking FY 2011 result – Marketing EBIT $1. Q3 net income fell to $221M, or $1. The world's largest mining company by revenue said Wednesday that it dug out Q3 output in the steelmaking coal division jumped to 7. 50, which may indicate financial risk and reliance on debt for growth. Gross margin of $3. During the current quarter, key anticipated quarterly sequential production improvements have been achieved, notably at African Copper +6kt (+13% Q3/Q2), Antapaccay +9kt (+35% Q3/Q2), Kazzinc +13kt (+27% Q3/Q2), Murrin Murrin +1kt (+7% Q3/Q2) and Australian energy coal +3. More. January 25,2025 00:41 Results. 57b profit in 1H 2023). Careers Following completion of the Glencore Xstrata merger on 2 May 2013, production information for all periods covered in this report has been presented on a combined basis Today we've released our Q3 2023 Production Report. Q3 Results: n/a: Q4 Results: n/a: Annual A brief summary of Glencore’s 2017 third-quarter production results. Download full PDF. The deal, subject to approval from the Canadian government Glencore might have seen a turnaround in revenue growth in the first half of 2024 (H1 2024), with an increase of 9% year-on-year (YoY), in a sharp U-turn from the 15% drop in 2023, but the profits BQE Water Inc. 10, 2022. EBIT margin change 2012 vs 2011 (bps) Absolute EBIT change 2012 vs 2011 (%) Glencore, headquartered in Baar, Switzerland, had forecasted cobalt production of up to 42,000 tons in 2023. Glencore: Deeply Undervalued • Overall performance in Q3 2012 was good, despite generally weaker commodity prices. Read more. com Created Date: 10/24/2018 3:37:37 PM Baar, Switzerland 28 October 2022. Charles Watenphul t: +41 41 709 2462 m: +41 79 904 3320 charles. Preliminary Results 2023. 03, 2022 26 Comments. 2 meters, which has significantly de-risked the adjacent structures lying at similar depths The sale of the coal unit to Glencore PLC GLCNF, announced last year for $9 billion, is expected to close by the third quarter of 2024. 67, suggesting that the company is currently not profitable, which could deter potential investors. Our marketing operations’ Title: 2024, Q3 Presentation. john. Li-Cycle’s Q3 financials revealed a leap in earnings per share from ($1. Despite the decrease, Anglo is upholding its annual copper guidance of 730,000 to 790,000 Main Q3 production stats. 6% Glencore (excluding stake in Xstrata) Peer 1 Peer 2 Peer 3 (340) (1,730) (1,160) (1,110) Glencore (excluding stake in Xstrata) Peer 1 Peer 2 Peer 3. JIC Portfolio Trade - New position added - funded by selling (taking a loss) in Glencore. 2024 Half-Year Production Report pdf 1 Excludes Volcan. Recent Posts See All. The world's largest mining company by revenue said Wednesday that it dug out Glencore GLEN 0. 0 billion range. 5 It was based on 1) the company's diversified commodity mix, 2) its strong balance sheet, 3) the coal division - Glencore's internal cash cow, 4) a compelling dividend and buyback yield for a 2022. Tech Mahindra Q3 Results FY25 Live Sensex Today Stocks in News Adani Share Price; Quadrant Future Tek IPO Listing Laxmi Dental IPO Day 2 Live Update Indo Farm Equipment Share Price Live Updates Unimech Aerospace IPO Live Updates; Browse Glencore announces the results of the poll of the resolutions of the Annual General Meeting held today, 29 May 2024. The company reported significant revenue growth and a reduction in costs, alongside strategic developments aimed at bolstering its operational c Results for the nine months ended 31 March 2002. 2023 Preliminary Results Presentation on Wednesday, 21 February 2024. “In our Marketing segment, we continue to expect a full year 2023 Adjusted EBIT outcome above the top end of our $2. 12bn, down 11% on H1 2011. com : We completed the sale of our remaining 77% interest in our steelmaking coal business, EVR, to Glencore and received transaction proceeds of US$7. OVERVIEW. JIC Portfolio Trade - Position reduced Glencore First Half 2024 ResultsKey Financial Results. 11. 7 meter oil column was discovered in the main prospect with a total net oil pay of 6. After applying a portfolio mix adjustment (component of our regular coal cash flow modelling guidance) of $115/t to reflect e. which remains subject to mandatory regulatory approvals and is expected to close by no later than Q3 2024. watenphul@glencore. noting the Group’s successful issuance of circa $3. The grey outline of the Shell logo ripples before the Shell logo fades onto the screen in the lower left-hand corner. Live. com Glencore LEI: 2138002658CPO9NBH955 Notes for Editors A brief summary of Glencore’s 2017 third-quarter production results. L) said it continues to expect full year Marketing Adjusted EBIT in the $3. Highlights. Service of the London Stock Exchange and available on our website (www. 2 meters, which has significantly de-risked the adjacent structures lying at similar depths commitments, intentions and projections about future events, results of operations, prospects, financial condition and discussions of strategy. Energy results were below the relatively Glencore's first operated exploration well, Oak-1x, successfully drilled in the Bolongo licence (Glencore interest: 100%) offshore Cameroon during May and June. Careers To get the latest Glencore news as it is announced, search for our RNS financial announcements, or sign up to our news emails. 6mt (+27% Q3/Q2). Resolutions 2, 16, 17 and 18 were proposed as special resolutions and all other resolutions were proposed as ordinary resolutions. Glencore; 322 views. Notes for Editors Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 Baar, Switzerland 15 February 2023. First Quarter Production Report. The group also offers logistical, supply, and financing services. leitz@glencore. Glencore: Deeply Undervalued Teck Resources expects to close coal unit sale to Glencore by Q3 2024 / Free , GLEN. 9 million in Q3 2024 compared to $3. Announcement Presentation Presentation transcript Excel download Webcast replay Shareholder FAQs. After applying a portfolio mix adjustment (component of our regular coal cash flow modelling guidance) of $33. H1 2011, but up 20% sequentially – Annualised H1 2012 . What we do Glencore (GB:GLEN) has released an update. Nicola Leigh t: +41 41 709 27 55 m: +41 79 735 39 16 nicola. 5 billion, at the upper end of its long-term guidance. KFin Technologies Q3 profit rises 35% to Rs 90 crore. 7 million in Q3 2023 compared to $1. 9 million or 40% from December 31, 2022. • On 5 July 2024, Glencore received final regulatory approval for the acquisition of a 77% interest in EVR from Teck Resources. Sequential quarterly copper production increased by 19,700 tonnes (9%) to 242,600 tonnes, reflecting progressive recovery at Antapaccay following a geotechnical event in H1, higher feed grades at Collahuasi and improved DRC production levels. 019 loss per share (down Glencore North America Copper Assets · EPCM project management Minerals & Metals plant processing and design Phosphate plants and mines Cobalt plants Potash plants Polymetallic ores facilities Safety management Copper & Gold plants NI-43101 Copper smelting Copper refining Non ferrous recycling Contract administration Copper concentrates trading Iron ore Glencore 2017-Financial results nresults - Download as a PDF or view online for free. 12 R and 6. 2B analyst consensus estimate. Together these constitute the material required by DTR 4. 1. 8 million in Q3 2024 respectively, compared to $8. 734. 2024 Half-Year Report pdf (2 MB) 2024 Half-Year Results Presentation pdf (5 MB) Webcast, 7 August 2024. Nov. Revenue: US$117. With $3. After the speaker’s presentation there will be the question and answer session. Who we are At a glance At The Core Our Purpose and Values Our Code of Conduct Our Policies Our business model and strategy Our history Leadership Governance Transparency What we do Main Menu. Electra Provides Update on Refinery Construction and Commissioning. 8 per cent in heavy trading on Tuesday morning (Nov 14), after its third-quarter results released on Friday beat analyst expectations. Report 2012 and “Risks and uncertainties” in Glencore’s Half-Yearly Results 2013. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that GlencoreQ1 2023 Production Report 1 NEWS RELEASE Baar, 21 April 2023 First Quarter Production Report 2023 Glencore Chief Executive Officer, Gary Nagle: “First quarter production was broadly in line with our expectations, accounting for portfolio changes and operational conditions, including the disposals / closures of some zinc and lead mines in the Americas Glencore said Q3 production of cobalt dropped 44% year on year to 7,300 mt, while January-September cobalt production decreased 37% year on year to 21,600 mt. 2024 Q3 results. Glencore Reports 2023 Q3 Production: Adjusts Nickel and Ferrochrome Forecasts Amidst Challenges Digi Communications NV announces Investors Call for the presentation of the Q3 2024 Financial Results. 93 bn in cash, on a cash free debt free basis, subject to a normalised level NEWS RELEASE. Wednesday 29 May. Own sourced copper production of 1,371,200 tonnes was 82,500 tonnes (6%) lower than in 2018. 5 R to be communicated to the media in unedited full text through a Glencore Q3 Production: Mixed Results Mare Evidence Lab Thu, Nov. Glencore stuck to its full-year production targets despite declining output of most assets in the third quarter. During the current quarter, key anticipated quarterly sequential production improvements have been achieved, Glencore | 697,191 followers on LinkedIn. in/evghWE6v #GlencoreProduction Glencore will announce full-year results on 5 March 2012. 5 billion range, being around the top end of long-term $2. 3 35-40 Unchanged Zinc kt 919 900-950 Unchanged Nickel kt 98 80-90 Unchanged (1) Ferrochrome kt 1,162 1,100-1,200 Unchanged Steelmaking coal mt 7. 5 billion long-term bonds in Q3 2020 at attractive interest rates. Click the to learn more about our Teck Reports Unaudited Third Quarter Results for 2024 • Adjusted EBITDA1 of $986 million in Q3 2024 was driven by record copper production as Quebrada Blanca (QB) continues to ramp-up operations, as well as strong base metals pricing and zinc sales Glencore and received transaction proceeds of US$7. 1 billion. Title: Glencore Q3 2018 production report Author: robert. During Q3 2024, we continued operating all four treatment plants for our 21st operating season at the mine. Conferences Glencore plc specializes in producing and distributing metals, minerals and petroleum products, primarily for the automotive, steel, and food-processing industries. Production is on a 100% basis, except as stated. The special cash distribution of $0. 06-million tonnes of copper in the third quarter ended September 30 – a 12% year-on-year improvement The Appendix should be read in conjunction with Glencore's Preliminary Results Announcement issued on 15 February 2023 (including the notice on forward looking statements at the end of that announcement). Glencore plc (“Glencore”) announces that it has entered into a binding agreement with Teck Resources Limited (“Teck”), for the acquisition of a 77% effective interest in the entirety of Teck’s steelmaking coal business, Elk Valley Resources (“EVR”), for US$6. Electra Reports Q3 Results and Provides Update on Cobalt Refinery Project and Black Mass Recycling Demonstration. Glencore's first operated exploration well, Oak-1x, successfully drilled in the Bolongo licence (Glencore interest: 100%) offshore Cameroon during May and June. 5-$17. 16. ” 1 Controlled industrial assets and joint ventures only. Results of 2024 AGM. com. com Media Charles Watenphul t: +41 41 709 2462 m: +41 79 904 3320 charles. Financial results supported by strong marketing performance Adjusted EBIT $2. Read more; LSE GBp 10/01/2025 16 Our Q3 2024 results delivered positive performance in all components of the business: All North American and Chinese water treatment plants were operational. 05/07/2024. Glencore 2017-Financial results nresults and in Q3, due to an interruption in sulphuric acid supply from Mopani, resulting from its power supply constraints. Production report; Exploration and development report Electra, Glencore and Talon Partnering with Government of Ontario on Battery Materials Park Study. Adjusted EBITDA fell significantly by 50% to $17. Combination exchange ratio of 7. Baar, Switzerland 21 February 2024. In 2022, Adjusted EBITDA 1 of $986 million in Q3 2024 was driven by record copper production as Quebrada Blanca (QB) continues to ramp-up operations, as well as strong base metals pricing and zinc sales Baar, Switzerland 14 November 2023. Q3 Results: Standard Chartered PLC: Q3 Results : Comments and questions to newsroom@alliancenews. Media. 43, with revenues reaching $20. Net loss: US$233. 5bn by December this Global diversified miner Glencore, which is led by CEO Ivan Glasenberg, produced 1. PK, GLNCY. PK, GLEN. Glencore's Chief Executive Officer, Gary Nagle, commented: "Against the backdrop of a rebalancing and normalisation of international energy trade flows, our Marketing and Industrial segments posted a lower, albeit healthy, earnings performance in 2023, delivering Group Adjusted EBITDA of martin. Glencore LEI: 2138002658CPO9NBH955 Please refer to the end of this document for disclaimers including on forward -looking statements. E. GLN - Third Quarter 2024 Production Report Glencore plc (Incorporated in Jersey under the Companies (Jersey) Law 1991) (Registration number 107710) JSE Share Code: GLN LSE Share Code: GLEN ISIN: JE00B4T3BW64 LEI: 2138002658CPO9NBH955 NEWS RELEASE Baar, 30 October 2024 Third Quarter 2024 Production Report Glencore Chief Glencore plc reported production results for the third quarter and year to date 2024. Tradeweb Exchange-Traded Funds Investors should be bearish about investing in Glencore plc for these reasons: The company has a high debt-to-equity ratio of 89. Glencore 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. 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. 9 million. Glencore plc reported production results for the third quarter and year to date 2024. The company's 1H2023 and 3Q23 results showed declining revenues due to lower commodity prices and declining output, but Glencore expects better performance in the second half of the year. However, Q3 sequential production rose 9% to ZURICH, Oct 30 (Reuters) - Swiss commodities company Glencore International AG [GLEN. directly and indirectly has an interest are separate and distinct legal entities. L) no later than the third quarter of 2024, CEO Jonathan Price told Reuters in an Glencore Preliminary Results 2023 For further information please contact: Investors Martin Fewings t: +41 41 709 2880 m: +41 79 737 5642 martin. com www. Discover their strategic focus, climate action commitment, and financial performance. Buy Glencore Even If Elon Musk Doesn't Oakoff Investments Thu, Nov. Media . Energy results were below the relatively (RTTNews) - Glencore (GLCNF. 5M tons, slightly below a Visible Alpha consensus estimate of 84. Watch below to learn more about our performance ⬇️ Video. lazenby@glencore. Read more; LSE GBp 24/01/2025 16 Gold stocks are about to report absolutely-epic Q3 results, their best ever achieved by far! That could prove this sector’s tipping point. The company is scheduled to announce full 2023 production results next month. UL] will bring forward its third-quarter results report to Nov 12 in an effort to counter concerns about its In total, Anglo produced 181,000 metric tons of copper in Q3, with diamond output of 5. 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 The companies in which Glencore plc directly and indirectly has an interest are separate and distinct legal entities. The deal , one of the largest in the industry, was Financial results supported by strong marketing performance Adjusted EBIT $2. Glencore India Private Limited - Find Glencore India Private Limited information on The Economic Times. Analysts have raised their target prices on the integrated resort operator, with DBS Group Research upgrading its recommendation on Genting Singapore to “buy” from “hold”. 08 per share will be paid alongside the $0. leigh@glencore. 1 million, with attributable net income of US$16. Teck revamped its operations this year by selling 77% interest in the steelmaking coal unit to Swiss miner Glencore Plc , opens new tab. 2022 scorecard. January 25,2025 18:35 Results. Martin Fewings t: +41 41 709 2880 m: +41 79 737 5642 martin. Rated 0 out of 5 stars. Skip to content. 80/t to reflect e. 48% reiterated full-year production targets after reporting its strongest operational quarter this year, while also maintaining an earnings outlook for its marketing division of The world's largest mining company by revenues reported Q3 production of 242,600 metric tons of copper, down 2% Y/Y but up 9% Q/Q, reflecting progress in the recovery at the Antapaccay mine in 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. 2 . 217. News release; Presentation; Investor and analyst briefing transcript; Operational Review for the nine months ended 31 March 2002. LN , Met Coal , TECK / By CoalNewswire TORONTO, Feb 22 (Reuters) – Canadian miner Teck Resources Ltd (TECKb. 7M tons from 1. com . , a leading global lithium-ion battery resource recovery company, has released its financial results for the third quarter of 2024. Net sales break down by family of products as follows: - oil products, coke and coal (62. News Service of the London Stock Exchange and available on our website (www. Our 2024 Q3 IMS was published on Wednesday 23 October with William Chalmers, Chief Financial Officer, presenting the results. Production Highlights: Copper: Total production for Q3 reached 705,200 tons, down 2% from 2023 due to the sale of Cobar assets. Explore. com Created Date: 10/24/2018 3:37:37 PM Glencore’s !hief Executive Officer, Gary Nagle, commented: buyback programme intended to run until release of our full year results in February 2024. Canadian miner Teck Resources Ltd plans to close the sale of its steel-making coal unit to Glencore no later than the third quarter of 2024, CEO Jonathan Price told Reuters in an interview on ICICI Bank Q3 results: Net profit rises 15% to Rs 11,792 crore. Media News facility which will allow it to begin production of large-scale quantities of battery-grade products starting in Q3 2022, becoming North America’s premier responsible source for strategic minerals. The transaction closed on 11 July 2024. Home. Maartje Collignon t: +41 41 709 32 69 m: +41 79 197 42 02 maartje. 1575 per share, up 5% compared to 2011. events or results "may", "could Beyond Glencore's significant funding of KNS – amounting to US$3. 2-3. During the current quarter, key anticipated quarterly sequential production improvements have been achieved, Glencore plc will release its 2024 Half-Year Production Report on Tuesday, 30 July 2024. "Own sourced cobalt production of 21,600 mt was 12,800 mt (37%) lower than the comparable prior period, mainly reflecting Mutanda on care and maintenance, partly offset by Katanga's ramp Glencore LEI: 2138002658CPO9NBH955. View all our latest past annual, financial and sustainability publications, as well as investor presentations and events. CMOC’s massive increase in output is largely attributed to the Kisanfu cobalt-copper mine in the Democratic Republic of Congo (DRC), which came online in the second quarter of Preliminary Annual Results 2023. 9bn of asset sales since March 2016, we're aiming to reduce debt to $16. 858. 4 million, versus total revenue of $4. Glencore LEI: 2138002658CPO9NBH955 Notes for Editors We’ve released our Q3 2024 Production Report with full-year 2024 production guidance again being maintained. : GLEN | London S. In This Article: TECK-B. Glencore Nordenham awarded climate protection contract by German Ministry for Economic Affairs and Climate Action. 0 million as at September 30, 2023, an increase of $2. 2024 Half-Year Results Presentation on Wednesday, 7 August 2024. Annual General Meeting. Main Menu. For further information please contact: Investors & analysts Media Finsbury (Media) • During Q3 2011, following the front-end and early works study and the company securing a financial commitment, its board ap- Q3 2024 Revenue Increased 21% Year-over-Year to $78 Million Q3 2024 EBITDA Increased 242% Year-over-Year to $16 Million Q3 2024 Cash and Cash Equiv Li-Cycle Holdings Corp. larly pleased that Glencore’s results proved to be far more robust than the sector. g. Q3 2025 Sales and Revenue Release - Production Report Production Results 2025-01-21 02:00 am TECK RESOURCES LIMITED: Q4 2024 Sales and Revenue Release 2025-01-20 04:24 pm Glencore. 2 The average Newcastle coal (NEWC) settlement prices for 2021 was $137. Mutanda’s Q4 own sourced production of 51,500 tonnes was in line with historical We're working to make the business more resilient. 5 19-21 Martin Fewings t: +41 41 709 2880 m: +41 79 737 5642 martin. 4. • Marketing has, once more, demonstrated the robustness of the business model, with low operational gearing and much less Glencore’s marketing operations have continued to trade strongly. com A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional. 0% from 1H 2023). 413. 3 Guidance excludes any contribution from the Elk Valley Resources (EVR) steelmaking coal assets, in which Glencore agreed in Our Q3 2024 results delivered positive performance in all components of the business: All North American and Chinese water treatment plants were operational. (“Glencore”). 4 . LSE GBp Our Regulatory News Service (RNS) announcements provide financial information, as well as regulatory disclosures. 5-4. Subscribe to jicuk. 3 million in Q3 2023, a $587,000 or 18% increase. Approximately half of this (40,800 tonnes) related to the African Copper assets, with Katanga’s ramp-up (+82,100 tonnes, meeting its full-year revised target) partially offsetting Mutanda scaling down and placement into temporary care and maintenance and Martin Fewings t: +41 41 709 2880 m: +41 79 737 5642 martin. Baar, 21 February 2024. Glencore receives final regulatory approval for the acquisition of Elk Valley Resources (EVR) Read more. com to keep reading this exclusive post. 3. UL] will bring forward its third-quarter results report to Nov 12 in an effort to counter concerns about its Glencore - Q3 Production Report. 22 per share second tranche of the cash distribution announced in February 2023 HIGHLIGHTS continued Glencore 2Third Quarter 2024 Production Report Production guidance Actual FY Previous guidance Guidance FY 2023 2024 Copper kt 1,010950- Unchanged Cobalt kt 41. com Media Charles Watenphul t: +41 41 709 24 62 m: +41 79 904 33 20 charles. 01 updated throughout the day. Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. Thu, Feb 22, 2024, 5:15 PM 2 min read. 1 Excludes Volcan. 2 million and $6. (Own-sourced output volume, year-on-year % change) Copper 303,600 tonnes, -15% Zinc 256,600 tonnes, To read full article please click here Reflecting on Glencore’s marketing performance to date, Nagle added that the company expected its full-year marketing adjusted earnings before interest and taxes to fall within a range of $3 Financial results supported by strong marketing performance Adjusted EBIT $2. In The Appendix should be read in conjunction with Glencore's Preliminary Results Announcement issued on 16 February 2021 (including the notice on forward looking statements at the end of that announcement). Baar, Switzerland . Build a toolkit to ensure a top-quality performance that yields noteworthy results. 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 Q3 2013. Welcome to the Glencore 2024 Half-Year Results Conference Call and Webcast. (TSXV: BQE), a leader in the treatment and management of mine impacted waters, is pleased to release its interim consolidated financial results for the three and nine months ending Glencore’s role in the climate transition. In this document, “Glencore”, “Glencore group” and “Group” are used for convenience only where references are made to Glencore stuck to its full-year production targets despite declining output of most assets in the third quarter. 5144 Solutions Sales Enablement. Forward-looking statements can be made in writing but also may be made verbally by members of the board or management of Glencore plc and/or its subsidiaries in connection with this document. During the period, Glencore's own sourced copper production amounted to 735,800 tonnes, which represented a 5% decrease of 34,700 tonnes compared to the same period in 2022. Tuesday 30 April. uncertainties and other factors which may cause actual results, performance or achievements to differ materially from any future event, results, performance, achievements or other Scheduled release of Li-Cycle’s Q3 2024 financial results on Nov 7, 2024, poised to reveal the impact of their sustainable recycling technologies on bottom line performance. Glencore expects full-year marketing adjusted earnings before interest and taxes to reach between $3 billion and $3. Q3’24’s average gold price soared an amazing 28. Notes: (1) Refer to basis of presentation in the Financial and Operational Review, Preliminary Results 2022, refer to Note 2 and Alternative Performance Measures, Preliminary Results 2022, for definition and reconciliation of Adjusted EBITDA/EBIT. Glencore plc will release its 2023 Full Year Production Report on Thursday, 1 February 2024. Glencore’s Chief Executive Officer, Gary Nagle, commented: “Against the backdrop of a rebalancing and normalisation of international energy trade flows, our Marketing and Industrial segments posted a lower, albeit healthy, earnings performance in 2023, delivering Group Adjusted EBITDA of $17. 5bn, 24% down H1 2012 vs. fewings@glencore. TO) plans to close the sale of its steel-making coal unit to Glencore (GLEN. Today we've released our Q3 2023 Production Report. 5M tons in the year-earlier quarter, in an expected boost from the integration of Elk Valley Resources, which Glencore (OTCPK Glencore plc, 2021 Q3 Production Report; Glencore plc, Half-Year 2021 Production Report; Glencore plc, 2021 Q1 Production Report Principal Trust Deed ; Glencore plc, 2020 Preliminary Results; Glencore plc, 2020 Full Year Production Report; Glencore plc, Climate Report 2020: Pathway to net zero; %PDF-1. Notes for Editors Glencore Preliminary Results 2014. com) at 7. By their nature, forward -looking statements involve known and unknown risks and uncertainties, many of which are beyond Glencore ’s control. Results. collignon@glencore. Notes for Editors. Preliminary. Our forward -looking production guidance has been adjusted to separate steelmaking and energy coal. 1. A 13. News Subscribe Insights & stories Social media Media contacts Image & video library Careers Main Menu. 2022. Reels. Download PDF PRINT Sens history The lithium company, which is set to be acquired by Rio Tinto, reported third-quarter revenues of US$203. Key Dates for GLEN Upcoming Financial Events. TECK . GLENCORE PLC – GLN – Third Quarter 2024 Production Report 30 October 2024 09:52 . In conjunction with our media releases and our transaction archive it provides a comprehensive overview of key information for investors and shareholders. glencore. 2 In relation to KNS, we announced in September 2023 that Glencore would not continue to fund ongoing operations from March 2024 and, given such uncertainty, 2024’s nickel production guidance above is presented ex-KNS. wldyv lbqvu sbfowuli etkk yzpjhg yiay taysgt dnsbc ypg vyi