Glencore has confirmed it has reached a Heads of Agreement with the Australian and Queensland governments on an A$600 million support package that will keep operations continuing for the next three years at the Mount Isa copper smelter and Townsville copper refinery. The deal, made after eight months of constructive engagement with both governments, offers “greater certainty” for 600 workers…
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Liebherr-Australia, Glencore enter ‘new era of partnership’
Liebherr-Australia and Glencore have finalised a significant 17-machine delivery plan across six major mining operations in Queensland and New South Wales, with deliveries scheduled through to the end of 2026. “We are excited to announce this new era of partnership with Glencore. Securing multi-year supply agreements of this scale is a proud moment for Liebherr-Australia,” said Brian Boitano, executive general…
Read MoreGlencore continues to pioneer the use of underground automation
Last year, Glencore’s George Fisher mine, part of its Mount Isa Mines complex, received three automated Toro TH663i trucks equipped with AutoMine by Sandvik, following the successful implementation of an automated loader fleet with the AutoMine system in 2020. The automated loaders and trucks are now successfully utilised around the clock on separate levels of George Fisher, with major benefits…
Read MoreSandvik to deliver safety tech to Glencore mines
Under an expanded partnership, Sandvik can now deliver its Newtrax OEM-agnostic proximity detection and collision avoidance technology to complement operational safety and efficiency across Glencore’s underground mixed fleet. Implementation of these solutions on Sandvik and third-party equipment is currently underway at Glencore’s Kamoto Copper Company operations in the Democratic Republic of the Congo and its Raglan nickel mine in Canada.…
Read MoreGlencore provides update on Mount Isa Mines
Glencore recently held a community information session on the future of its Mount Isa Mines mining complex in Queensland with the pending closure of its underground copper operations at the site. “I want to make clear that Glencore is not going anywhere. Mount Isa Mines is an important asset for Glencore globally and we’re continuing to invest in these operations,”…
Read MoreGlencore, Li-Cycle eyeing up deal
Glencore has reportedly made a proposal to acquire Canadian lithium battery recycling company Li-Cycle, per Reuters. While no financial details have been released and the miner has not yet commented publicly on the deal, a March 14 letter to a board chair for Glencore outlined the desire to discuss a transaction that could commence as soon as possible. The U.S.…
Read MoreLomas Bayas, Ceibo to accelerate access to clean copper
Photo: Ceibo Ceibo and Glencore‘s Lomas Bayas Mining Company have entered into a partnership to deploy the former’s proprietary leaching technologies that enable a more effective extraction of copper from low-grade sulfides. Lomas Bayas has validated Ceibo’s technology and is moving toward scaling up to assess this as an alternative to extend the life of their mining operations. The partnership…
Read MoreEuro Sun, Glencore seal concentrate offtake deal
Euro Sun Mining has inked a binding memorandum of understanding with Glencore International giving the latter right of first refusal for an offtake of all future concentrate from its Rovina Valley project in Romania. The Toronto-headquartered junior, which is advancing the project to be one of Europe’s largest copper gold properties, also gave Glencore the right to nominate one director…
Read MoreWabtec implements advanced CAS at Glencore site
Wabtec has successfully installed its Generation 3 Collision Avoidance System (CAS) at Glencore Coal’s Mount Owen site in New South Wales, Australia.
Read MoreGlencore foregoes coal spinoff
Glencore said it will not spin off its coal business after securing backing from the majority of its investors, according to Reuters. The miner had been debating on whether to keep the coal assets or spin them off after it purchased the majority of Teck Resources’ steelmaking coal business last month. Retaining the coal assets “offers the lowest risk pathway…
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