Reuters reported Glencore (LSE:GLEN) says it has made a deal to buy at least half of the output from Guinea’s Forecariah iron ore mine.
Reuters reported Glencore (LSE:GLEN) says it has made a deal to buy at least half of the output from Guinea’s Forecariah iron ore mine.
As quoted in the market news:
The world’s largest diversified commodities trader said on Thursday it had reached a deal with Bellzone Mining (BZM.L) to buy its 50 percent of output from Forecariah, a joint venture with China International Fund.
Bellzone’s Chinese partner has “tag-along” rights, meaning it could also sell its slice of production to Glencore.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1931.25 | -5.62 | |
Silver | 23.57 | -0.06 | |
Copper | 4.25 | 0.00 | |
Palladium | 1713.17 | 0.00 | |
Platinum | 1087.26 | 0.00 | |
Oil | 80.30 | +0.17 | |
Heating Oil | 3.31 | -0.02 | |
Natural Gas | 3.14 | -0.12 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured Base Metals Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.