Glencore is buying 18.75% of the MARA project from Newmont for $124.9 million. Glencore will also pay up to $50 million more after production starts. After the deal is completed, Glencore's share in the project will be 43.75%. MARA has proven and probable reserves of 5.4 million tons of copper and 7.4 million ounces of gold contained in 1.105 billion tons of...

Glencore will pay about $1.5 billion to settle claims by U.S. authorities, the country's attorney general Merrick Garland said. The company is accused of attempting to bribe officials in several countries and manipulating oil prices at two U.S. ports. Glencore has agreed to plead guilty in both cases.

Glencore's IFRS net profit for 2021 was $4.349 billion, compared with a loss of $3.946 billion in the previous year. Revenue increased by 43.1% to $203.751 billion from $142.338 billion a year earlier.

Glencore and lithium-ion battery manufacturer Britishvolt will build a battery recycling plant in Great Britain. The plant will recycle 10,000 tons of lithium-ion batteries per year. The facility's long-term goal is to switch to renewable energy sources in the manufacturing process. The facility is expected to be operational by mid-2023.