JSW Steel may pick majority stake in Teck Coal unitJSW Steel Ltd. is looking to form a consortium to bid for a majority stake in Teck Resources Ltd.’s steelmaking coal business, potentially ...
17 Aug, 2023, 04.13 PM IST
Mining giants have underestimated the lithium waveA decade ago, the likes of lithium, cobalt and graphite were minor materials, affected less by electric vehicles than the markets for lubri...
13 May, 2023, 09.56 AM IST
JPMorgan backs startup that wants to fix copper shortageMineSense Technologies Ltd raised $42 million in an investment round led by JP Morgan Asset Management’s sustainable growth equity team.
08 Dec, 2022, 09.45 AM IST
Feeding the world’s coal addiction is more profitable than everNo. 1 producer Coal India Ltd.’s profit nearly tripled, also to a record, while the Chinese companies that produce more than half the world...
13 Aug, 2022, 02.11 PM IST
FTSE 100 climbs on energy, mining stock boost; BoE meeting eyedThe blue-chip FTSE 100 gained 0.3% with Glencore , Rio Tinto, BP and Royal Dutch Shell among the top boosts.
23 Sep, 2021, 01.33 PM IST
Mitsubishi to buy 30% stake in Australia's Aurukun bauxite projectThe deal marks Mitsubishi's first investment in the mining of bauxite, a raw material of aluminium, the trading company said in a statement.
18 Mar, 2021, 12.15 PM IST
Oil traders made billions in 2019 as conflict shook the marketConsensus is that the industry benefited from a lucky mix of factors in the oil market.
27 Jan, 2020, 03.56 PM IST
Glencore plans to cap coal output in climate shiftOne of the world’s biggest sellers of coal is yielding to investor pressure on climate change.
20 Feb, 2019, 11.17 PM IST
Trade war truce triggers surge in European sharesThe oil sector also jumped 2.6 per cent as crude soared on the trade war truce.
03 Dec, 2018, 02.31 PM IST
Gulf spat threatens to put brakes on Qatar's $335 billion empireSaudi Arabia and three other Arab nations have cut off diplomatic ties with Qatar to punish it for its ties with Iran and Islamist groups.
06 Jun, 2017, 04.55 PM IST
Russia sells $11-B stake in Rosneft to Glencore, QatarGlencore said in a statement it would commit 300 million euros in equity, with the rest coming from the Qatar Investment Authority and bank...
10 Dec, 2016, 01.00 AM IST
Qatari wealth fund to create new $100 billion unitAbout $100 billion of the Qatar Investment Authority’s stakes in companies such as Qatar Airways and Qatar National Bank.
18 May, 2016, 07.28 AM IST
Commodities have best week since 2012 as glencore stock doublesCommodities headed for the biggest weekly advance since 2012 as Pacific Investment Management Co. said the worst of the collapse is probabl...
09 Oct, 2015, 04.48 PM IST
Nickel futures slip on subdued demandAt MCX, nickel for delivery in current month was trading down by Rs 2.60, or 0.40 per cent, at Rs 645.50 per kg in a business turnover of 4...
29 Sep, 2015, 11.25 AM IST
Glencore said to lay groundwork for potential Rio mergerRio’s shares have declined 12 percent this year in London, giving the company a market value of about 56 billion pounds ($90 billion).
07 Oct, 2014, 03.02 AM IST
Glencore seen unlikely to bid for OZ MineralsGlencore Xstrata is unlikely to pounce on OZ Minerals, playing down a report that said the company was weighing a $1.2-bn takeover offer.
30 Sep, 2013, 10.24 AM IST
Mining M&A deals value at $79 billion in first half of 2012: PwCBoosted by nearly $54 billion Glencore-Xstrata deal, total value of M&A deals announced in the mining space touched USD 79 billion in the f...
24 Sep, 2012, 06.22 PM IST