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Glencore

September

Locked out Oaky North coal mine workers, with Scabby the Rat.

Record fine over ‘scab’ abuse at Oaky North coal mine picket

The mining union and officials have been ordered to pay more than $650,000 in fines for verbally abusing strike-breaking workers during a seven-month lockout.

  • David Marin-Guzman
Anglo American CEO Duncan Wanblad.

Anglo American’s Australian coal auction has six credible bidders

It’s down from 30-plus tyre kickers for the five mines which produce about 15 million tonnes of coal annually – and some $1 billion in profits annually.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
New Hope Coal CEO Rob Bishop says rival BHP should keep mining “huge reserves” at Mt Arthur, and keep paying royalties to NSW.

New Hope mounts bid for Anglo American coal mines

New Hope has warned the UK-listed miner that its asking price will need to be lower due to a devastating fire at one of the flagship mines.

  • Elouise Fowler

August

The bargaining covers Whitehaven Coal’s Narrabri coal mine in NSW.

Miners forced to the table for industry’s first multi-employer deal

The Fair Work Commission has sided with mining unions in a precedent ruling for Labor’s multi-employer bargaining laws, raising the prospect of mass mine shutdowns.

  • David Marin-Guzman
Glencore chief executive Gary Nagle has been surveying major shareholders on whether the company should spin off its coal mining division.

Glencore says ESG mood has ‘evolved’ and it will keep coal mining

The Swiss-based commodities giant had proposed spinning off the fossil fuel into a separate company but has decided to retain the division.

  • Updated
  • Peter Ker
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Glencore won’t cast its coal business aside after shareholder feedback.

Investors are developing a ‘dirty’ little secret

Glencore’s decision to keep its energy coal business is part of a broader push back against climate-related strategy shifts by big emitters. 

  • James Thomson

July

Glencore is rehabilitating the Liddell coal mine in NSW after extracting the last coal in 2023.

Big Glencore shareholders want to keep coal

An influential group of Glencore shareholders want the company to abandon a plan to spin-off its coal division, and allocate those earnings to new avenues of growth.

  • Peter Ker
The BHP nickel refinery at Kwinana.

Glencore warns of nickel job losses unless labour costs controlled

BHP’s decision to shut its nickel mines, smelter and refinery is already being felt across families, communities and other mining companies and businesses.

  • Brad Thompson, Tom Rabe and James Hall
Glencore’s smelters dominate the skyline in Mount Isa.

Queensland breaks ground on $5b transmission project

The CopperString project will eventually link the mining region of Mount Isa with the port city of Townsville via an 840-kilometre high-transmission line.

  • Tess Bennett
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Why coal stocks are seeing an epic rally

Underground fires at two major coal operations have ignited a rally in unloved ASX miners, and some analysts are tipping prices to push even higher.

  • Alex Gluyas
Zinc from the Century Mine in north Queensland is at the centre of the stoush.

Zinc miner’s $30m deductions claim sinks in royalties stoush

Queensland Supreme Court rejects attempts to claim expenses for managing a transport vessel – before a management agreement started.

  • Liam Walsh

June

Queensland budget

Winners and losers in the Queensland budget

An $11.2 billion spending spree on cost-of-living relief has showered Queenslanders with discounts for public transport and electricity bills.

  • Tess Bennett and James Hall
Maules Creek in NSW is operated by Whitehaven Coal and part-owned by Itochu.

Japan’s Itochu delays plans to exit Australian thermal coal

The conglomerate joins Glencore in reassessing its decision to exit the fossil fuel with energy security prioritised amid rising geopolitical tensions.

  • Peter Ker

May

Steven Miles gulps water collected from the Great Artesian Basin.

Push for wider carbon capture ban in Great Artesian Basin

The Albanese government is being pressured to follow Queensland’s lead and slap a ban on carbon capture and storage projects in the entire underground water network.

  • James Hall
Miner Glencore has blasted the Queensland government’s decision to reject the carbon capture storage project.

Furious Glencore slams Qld knockback of emissions project

The mining giant has blasted the state government’s decision to reject the carbon capture storage project amid growing pressure from Queensland’s ambitious targets.

  • James Hall
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Mike Henry must have carefully planned his move for Anglo. Eamon Gallagher

BHP’s siren song to Anglo shareholders is operational excellence

A claim to be the mining sector’s “best operator” is a big part of BHP’s pitch to Anglo American shareholders, as it promises to get more blood out of the same stones.

  • Peter Ker

April

Anglo American’s copper mine in central Chile.

BHP’s rivals for Anglo American set to emerge

The UK-listed miner has rejected an approach from BHP, but other major miners including Rio Tinto could announce a competing bid.

  • Updated
  • Tom Wilson
BHP CEO Mike Henry pictured in the Pilbara in 2022. Henry has been looking for a big copper deal.

BHP’s $60 billion copper play was years in the making

How chief executive Mike Henry has been methodically hunting a big deal for years.

  • Thomas Biesheuvel, Dinesh Nair and Paul-Alain Hunt
BHP boss Mike Henry faces stumping up billion of dollars more to secure take target Anglo American.

Anglo American rejects BHP’s $60b bid for copper supremacy

Anglo American investors were already cool on BHP’s offer as the race between global mining heavyweights for copper assets hots up.

  • Brad Thompson and Elouise Fowler
Rare earths mining in China. The US is keen to break Beijing’s stranglehold on mining and production of the metals.

The rare earths mine becoming a bellwether for US minerals policy

China is home to 70 per cent of rare earths mining and 90 per cent of processing capacity. Tackling this dominance has become one of Washington’s strategic priorities.

  • Harry Dempsey

Original URL: https://www.afr.com/company/glencore-1n4w