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GLEN Glencore Plc

455.00
-3.70 (-0.81%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Glencore Plc LSE:GLEN London Ordinary Share JE00B4T3BW64 ORD USD0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.70 -0.81% 455.00 455.55 455.70 457.80 449.30 451.15 28,904,035 16:35:06
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Nonmetallic Mineral Pds, Nec 217.83B 4.28B 0.3508 12.98 55.57B

Glencore Extends Cobalt Hydroxide Partnership With China's GEM Co.

03/12/2020 1:48pm

Dow Jones News


Glencore (LSE:GLEN)
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By Matteo Castia

 

Glencore PLC said Thursday that it has extended its partnership with China's GEM Co. for the supply of cobalt hydroxide by another five years.

The FTSE 100 Anglo-Swiss miner said the two companies have formally embedded responsible sourcing and sustainability into the partnership.

Under the terms of the agreement, Glencore will provide around 150,000 metric tons of cobalt contained in hydroxide to GEM between 2020 and 2029.

Glencore shares at 1310 GMT were up 5.05 pence, or 2.3%, at 227.85 pence.

 

Write to Matteo Castia at matteo.castia@dowjones.com

 

(END) Dow Jones Newswires

December 03, 2020 08:33 ET (13:33 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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