The Conversation (0)
On the back of recent speculation that Glencore plc (LSE:GLEN) is planning a takeover of Syrah Resources Ltd. (ASX:SYR), Robin Bromby of InvestorIntel makes the point that “Glencore getting involved in graphite would be far more significant than an actual takeover of Syrah (or any other graphite producer).”
On the back of recent speculation that Glencore plc (LSE:GLEN) is planning a takeover of Syrah Resources Ltd. (ASX:SYR), Robin Bromby of InvestorIntel makes the point that “Glencore getting involved in graphite would be far more significant than an actual takeover of Syrah (or any other graphite producer).”
As quoted in the market news:
… no one seems to have stopped and asked the question: is Glencore really that interested in graphite? If it is, then it will no doubt want to become a dominant force in that market (which would explain partially the sudden ignition of Triton shares).
Getting into graphite would a major step for Glencore. Its present commodity divisions are nickel, zinc, oil, agricultural, iron ore, copper, coal, alumina/aluminium — and ferroalloys (which include vanadium, of which more in a moment).
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