1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. Glencore plc
  6. News
  7. Summary
    GLEN   JE00B4T3BW64

GLENCORE PLC

(GLEN)
  Report
Delayed London Stock Exchange  -  05/20 11:39:02 am EDT
498.60 GBX   +0.13%
02:35aGLN : Transaction's In Own Shares.
PU
05/18Canada Says China's Ban on Canadian Canola Seed Lifted
DJ
05/18SECTOR UPDATE : Energy Stocks Rocked in Wednesday Selloff
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Glencore, Managem to Produce Cobalt From Recycled Battery Materials

01/26/2022 | 04:47am EDT

By Kyle Morris


Glencore PLC said Wednesday that it has entered into a partnership with Managem for the production of cobalt from recycled battery materials in Morocco.

The FTSE 100 natural-resources major said the companies will produce cobalt at Managem's CTT Hydrometallurgical Refinery at Guemssa, near Marrakech.

The partnership is conditional on a feasibility study to assess the commercial viability of the refinery for recovering cobalt, nickel and lithium from black mass, a refinery feed comprised of recycled lithium-ion batteries, it said.


Write to Kyle Morris at kyle.morris@dowjones.com


(END) Dow Jones Newswires

01-26-22 0447ET

Stocks mentioned in the article
ChangeLast1st jan.
FTSE 100 1.19% 7389.98 Delayed Quote.-1.11%
GLENCORE PLC 0.13% 498.6 Delayed Quote.32.64%
MANAGEM S.A. -1.05% 2270 End-of-day quote.44.59%
SILVER -0.73% 21.73 Delayed Quote.-6.01%
All news about GLENCORE PLC
02:35aGLN : Transaction's In Own Shares.
PU
05/18Canada Says China's Ban on Canadian Canola Seed Lifted
DJ
05/18SECTOR UPDATE : Energy Stocks Rocked in Wednesday Selloff
MT
05/18SECTOR UPDATE : Energy Stocks Sinking with Falling Crude Oil Prices
MT
05/18Vaalco Energy Secures $50 Million Loan Facility With Glencore for Potential Acquisition..
MT
05/18Vaalco Energy Secures $50 Million Lending Facility with Glencore
MT
05/16EUROPEAN SMELTER HITS MEAN ANOTHER Y : Andy Home
RE
05/16FTSE 100 rises as healthcare, resource-linked gains offset China jitters
RE
05/12Peru community wants its land back, threatening Chinese copper mine
RE
05/12Deutsche Bank Trims Glencore PT, Keeps Buy Rating
MT
More news
Analyst Recommendations on GLENCORE PLC
More recommendations
Financials (USD)
Sales 2022 280 B - -
Net income 2022 18 184 M - -
Net Debt 2022 24 234 M - -
P/E ratio 2022 4,61x
Yield 2022 11,1%
Capitalization 80 923 M 80 923 M -
EV / Sales 2022 0,38x
EV / Sales 2023 0,41x
Nbr of Employees 81 284
Free-Float 81,3%
Chart GLENCORE PLC
Duration : Period :
Glencore plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GLENCORE PLC
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 20
Last Close Price 6,20 $
Average target price 7,40 $
Spread / Average Target 19,3%
EPS Revisions
Managers and Directors
Gary Nagle Chief Executive Officer & Director
Steven F. Kalmin General Manager-Finance
Kalidas V. Madhavpeddi Chairman
Patrice E. Merrin Independent Non-Executive Director
Martin James Gilbert Senior Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
GLENCORE PLC32.80%81 264
BHP GROUP LIMITED11.40%165 156
RIO TINTO PLC9.30%111 397
ANGLO AMERICAN PLC14.95%52 628
GRUPO MÉXICO, S.A.B. DE C.V.13.32%39 512
SAUDI ARABIAN MINING COMPANY (MA'ADEN)42.68%36 741