Downstream Energy

Glencore plc

Berenberg Bank Gives Glencore a Buy Rating

Glencore's Kazakhstan Zinc Smelter Fire Extinguished

Glencore Stock Reaches 52 Week High, Analysts Upgrade Ratings

Glencore expects commodity price increases to offset cost impacts more significantly

Bernstein Raises Glencore Target Price to $455

Citi Raises Glencore Target Price to 670 pence

Goldman Sachs analyst maintains hold rating on Glencore

Glencore Increases LNG Supply Agreement with Federal Government and Signs Nickel Concentrate Sales Agreement

Morgan Stanley Analyst Maintains Buy Rating on Glencore

Glencore Shares Reach 52-Week High

Berenberg raises Glencore's target price to 630 pence

Glencore faces shutting down its Canadian copper smelter, Quebec government proposes legislative amendments to save the facility

EU Approves Glencore's Acquisition of FINCO

Glencore's Australian Copper Smelter Workers Plan Strike

Glencore plc Publishes 2025 Annual Report and Announces 2026 AGM

Glencore Proposes Supporting Entrepreneur's Acquisition of Eurasian Resources Group

Glencore Announces Capital Group Companies Obtained 5.00% Voting Rights

Jefferies Raises Glencore Target Price to 590 pence

Glencore PLC Receives Holding Notice from The Capital Group Companies

Mutalip Negotiating to Purchase Glencore's Stake in Kazzinc

GLEN

GLNCY

Glencore subsidiary Madesal has increased its stake in Chilean Cobalt through a private placement, now holding 7.4% of outstanding shares, while Glencore owns approximately 5.6%.

PUBT

Glencore

Glencore, Madesal hold 5.6% and 7.4% stakes in Chilean Cobalt

NEXA

Zinc futures remain above $3,500 per tonne, nearing a 3½-year high due to tightening supply from disruptions at Nexa’s Cajamarquilla smelter and Glencore’s Kazzinc plant. Falling inventories and treatment charges further indicate constrained supply. Potential relief may come from the restart of Boliden’s Tara mine and other projects. Demand is supported by improving industrial activity in China, though uncertainty in the Middle East affects the overall outlook.

Trading Economics

Nexa Resources SA

Zinc Hovers Near 3½-Year High

The Lithium-ion Battery Recycling Market is projected to grow from USD 18.6 billion in 2026 to USD 50.0 billion by 2033, at a CAGR of 15.2%. Key drivers include the rise in electric vehicle adoption and consumer electronics usage. Europe is expected to see the highest growth rate, while the non-automotive segment will grow the fastest. Major players include Umicore and Glencore, with startups like Envirostream leading in niche markets. The focus on sustainability and recycling of valuable metals is propelling market demand, particularly in the Asia Pacific region.

prnewswire

CATL

CATL HK SDR 30to1

06:40 ETLithium-ion Battery Recycling Market worth $50.0 billion by 2033 - Exclusive Report by MarketsandMarkets™

Glencore’s Collahuasi joint mine produced 31,400 tonnes of copper in March, a 10.8% year‑on‑year drop per Chile’s copper commission.1Glencore (GLEN) launched a $2.55B trade receivables securitization for its oil & gas business, backed by six banks. FIS supplies the finance platform and reporting; hosting on Microsoft Azure.2

TradingView

Fidelity National Information

Key facts: Collahuasi copper down 10.8% in March; Glencore $2.55B deal

PPX Mining Corp. reported strong operational results for Q1 2026 from its Callanquitas Mine in Peru, generating revenues of PEN 61.8 million and a gross profit of PEN 43.8 million, reflecting a gross margin of approximately 71%. Despite challenging conditions, net income reached PEN 31.1 million. The company plans to initiate its 2026 exploration program, focusing on expanding its oxide resource base and advancing sulphide resources, with funding support from Glencore. CEO Ernest Mast highlighted the strong financial foundation and ongoing value delivery to shareholders.

MorningStar

PPX Mining Provides Operational Update

Glencore received a Buy rating and a $16.90 price target from Berenberg Bank analyst on May 1. The company’s shares closed yesterday at $15.22.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Glencore with a $16.90 average price target.

Tip Ranks

New Buy Rating for Glencore (GLNCY), the Basic Materials Giant

Barclays analyst Ian Rossouw maintained a Buy rating on Glencore (GLEN) with a price target of £6.25. Rossouw has an average return of 13.1% and a 57.39% success rate on stock recommendations. Glencore also received a Buy rating from HSBC's Shilan Modi, while Goldman Sachs maintained a Hold rating on the stock.

Glencore plc(GLEN.UK)