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Glencore plc (GLNCY)
- Zacks
What Makes Glencore (GLNCY) a Good Fit for 'Trend Investing'
Glencore (GLNCY) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
- Reuters
Glencore, Rusal extend aluminium supply contract into 2025, source says
Swiss-based trading house Glencore and aluminium producer Rusal have extended their long-term supply contract into next year after the amount traded so far has amounted to a fraction of the agreement's maximum volumes, a source with direct knowledge said on Wednesday. Glencore's contract with Russia's Rusal, the world's largest aluminium producer outside China, was due to expire this year unless extended. Rusal and Glencore declined to comment.
- Reuters
Explainer-What New Caledonia riots mean for the nickel industry
A wave of civil unrest in New Caledonia, a French overseas territory in the southern Pacific that is a leading nickel producer, has halted mining operations and supported a rally in prices for the metal. HOW BIG IS NEW CALEDONIA'S NICKEL SECTOR AND WHO RUNS IT? New Caledonia holds the world's fifth largest reserves of nickel, a metal mainly used in stainless steel and increasingly for electric vehicle batteries, and in 2023 ranked No. 3 globally in terms of mined nickel.
