World trade Coal’s Post

Glencore's acquisition of Teck Resources Limited' steelmaking coal business marks a significant milestone in the mining industry. With analysts from Jefferies, UBS, and Bank of America weighing in, the consensus is clear: Glencore is likely to retain its coal assets. This move, endorsed by CEO Gary Nagle, underscores Glencore's commitment to maximizing shareholder value through strategic operations. Despite environmental concerns, Glencore's increased coal production capacity positions it as a formidable player in the global coal market. As the industry watches closely, this acquisition sets the stage for Glencore's continued dominance. #Glencore #TeckResources #Jefferies #UBS #BankOfAmerica #GaryNagle #Mining #Coal #IndustryLeaders https://lnkd.in/g_jMracY

GLENCORE’S CCR REFINERY: AN OVERVIEW OF HOW COPPER IS MADE, INCLUDING COPPER REFINING & PROCESSING Glencore’s Canadian Copper Refinery (CCR) in Montréal, Quebec, is a pivotal facility in the global copper industry, renowned for its advanced copper refining and processing techniques. Established in 1931 and formerly part of Xstrata Canada, the CCR refinery has a long-standing history of producing high-quality copper products. 🔹 Established Facility: Glencore’s CCR refinery in Montréal has been operational since 1931 and is a leader in copper refining and processing. 🔹 High-Purity Products: The refinery produces copper cathodes with a purity of around 99.99%. 🔹 Electro-Refining Process: The core refining process involves electro-refining, which purifies copper anodes to high-purity cathodes. 🔹 By-Product Recovery: Valuable metals such as gold, silver, platinum, and palladium are recovered from anode slime. 🔹 Innovation and Sustainability: CCR is committed to innovation and sustainable practices, including recycling spent anodes. #CopperRefining #Glencore #CCRRefinery #Sustainability #ElectroRefining #CopperProcessing #IndustrialInnovation #EconomicImpact #MetalsIndustry #GlobalTrade

📢 Exciting update for Western Copper and Gold investors! We are pleased to share that Canaccord Genuity - Global Capital Markets has initiated research coverage on Western Copper and Gold with a SPEC BUY rating and a target price of C$3.75. Canaccord becomes the 6th firm to initiate research coverage on Western Copper and Gold, further reinforcing confidence in the Casino Project—a globally significant copper-gold deposit in the Yukon. The Casino Project continues to stand out for its: ✔️ Significant size and scale – Canada’s largest critical minerals project. ✔️ Higher grade ‘Core Zone’ and exceptionally low strip ratio, enhancing project economics. ✔️ Growing recognition as a key player in the global supply of critical minerals. This milestone represents meaningful progress in broadening the market recognition of our company and reflects our continued commitment to delivering long-term value for our shareholders. 🌟 #Copper #Gold #MiningStocks #CriticalMinerals #Yukon TSX: #WRN | NYSE American: #WRN

RBC Capital Sticks to Its Buy Rating for First Quantum Minerals (FQVLF) | Markets Insider: The Corporate and Other segment deals with the evaluation and acquisition of new mineral properties, regulatory reporting, treasury and finance, and ... #regulatoryreporting #regulation #finperform

SolGold Plc. LSE & TSX - SOLG. This isn't staying at 16 cents. WORLD-CLASS COPPER-GOLD PROJECT in Ecuador 12.4 Mt Copper | 31.3 Moz. Gold | 91.3 Moz Silver Combined Value: $197,819,162,000.00 ($197 BILLION.) Current Market Cap - $480,177,000 (Copper $9,852/t, Gold $2,337.49/oz., Silver $27.22/oz.) RESERVES REPRESENTS ONLY 18% OF M&I RESOURCES AND 30% OF CONTAINED METAL Top 4 Shareholders BHP 10% | Newmont Corporation 10% | DGR Global 7% | Jiangxi Copper 6% Analyst Coverage Jason Fairclough | Bank of America Roger Bell | Hannam & Partners Matthew O'Keefe | Cantor Fitzgerald Timothy Lee | Red Cloud Securities Inc. Bendik Folden Nyttingnes | Clarksons Securities CASCABEL PROJECT: https://lnkd.in/gZyM_YWr NI 43-101 Technical Report on Pre-Feasibility Study: https://lnkd.in/egTVqzp3

Glencore has announced it will not spin-off its coal operations after shareholders made clear they were against the plan. Many shareholders want to keep coal for its cashflows but others have ESG concerns about spinning off coal - it does nothing to reduce coal's carbon emissions. IEEFA highlighted in May that previous coal spin-offs and divestments did nothing to reduce coal production and resultant emissions. In fact they can result in increases of both: https://lnkd.in/dGVkPG_X Glencore is reportedly a front runner to acquire Anglo American's metallurgical coal assets in Australia. Don't believe Glencore's spin about metallurgical coal - it is no longer needed to make steel: https://lnkd.in/g4Gh5AcH #coal #Glencore #energytransition #investing #mining #ausbiz #steel https://lnkd.in/gd_R5fEB

Here’s the Latest Announcements from Today! Check out the latest updates from companies on Liquidity. Follow your favourite companies and get ASX Announcement Highlights, tailored just for you, delivered direct to your inbox. Lykos Metals Limited | $LYK Dynamic Metals Limited | $DYM Helix Resources Limited | $HLX Dundas Minerals | $DUN White Cliff Minerals Limited (WCN) | $WCN Riversgold Limited | $RGL Impact Minerals Limited | $IPT Buru Energy | $BRU 🔗 - Click the link in our bio for more! #Liquidity #ASX #Investing #Announcements #MarketUpdates #InvestmentNews

Glencore has received a bullish write-up from the analysts at Jefferies, who see a tipping point approaching for the coal, cobalt and copper miner and trader. According to Jefferies the investment case is improving sooner than expected as the copper price breakout to the upside approaches. Thermal coal markets also appear to be stabilising/recovering, while the benefits of the EVR acquisition are still underappreciated and not fully reflected in Glencore's equity value. More at #Proactive #ProactiveInvestors #LSE #GLEN http://ow.ly/HY9Z105kWvf

https://lnkd.in/g6k-9cQk The landscape has changed. The once singular domain of the very opaque metals trading houses is now being significantly disrupted. Downstream end users, green energy funds and others looking to secure supply chain for critical metals have moved in. The reality of diminishing supply for copper concentrates especially has opened the door for vastly different funding streams for project developers. The competition for concentrates is now multi layered with proponents moving much further upstream to secure assets that can potentially deliver concentrates in the near to mid term. The restrictive traditional funding methods for project development are making way for far more innovative pathways. Vertical integration of upstream projects making concentrates to downstream production for end user security will become the norm. Mobilisation of capital from green energy funds to enable the delivery of greener low carbon footprint products is happening now. Metal traders will have to change their approach to miners to compete. 😂

"Metals markets are being transformed by increasing demand from renewable energy installations, artificial intelligence and supply shortfalls. That’s encouraging some of the world’s biggest energy traders to get more involved in metals, a sector that’s been dominated by behemoths Glencore and Trafigura Group." Randstad Singapore #commoditiestrading #trading #commodities #metalstrading #workwithus #hiring https://lnkd.in/d-zB_rxK