Glencore Plc PT receives Investment Bank Analyst Rating Update
A huge shortage of copper is looming, mining and commodities giant Glencore said in an investor update this week, reiterating warnings from other industry players and analysts that...
Tesla, like all other automakers, is trying to secure future supplies of the raw materials it needs to produce electric vehicles and batteries.
Glencore Flew Cash Bribes To West Africa In Private Jets, Prosecutors Allege Suitcases full of cash being flown around the world...stop us if you've heard this one...
Glencore plc produces, refines, processes, stores, transports, and markets metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments, Marketing Activities and Industrial Activities. The company produces and markets copper, cobalt, nickel, zinc, lead, chrome ore, ferrochrome, vanadium, alumina, aluminum, tin, and iron ore. It also engages in the oil exploration/production, distribution, storage, and bunkering activities; and offers coal, crude oil and oil products, refined products, and natural gas. In addition, the company markets and distributes physical commodities sourced from third party producers and its production to industrial consumers in the battery, electronic, construction, automotive, steel, energy, and oil industries. Further, it provides financing, logistics, and other services to producers and consumers of commodities. The company was formerly known as Glencore Xstrata plc and changed its name to Glencore plc in May 2014. Glencore plc was founded in 1974 and is headquartered in Baar, Switzerland.
|Average||752.33 (+38.74% Upside)|
|No. of Analysts||18|