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The Latest Breaking News from Glencore

Calls for federal carbon capture ban after Qld decision

Queensland's decision to ban carbon capture and storage projects in the Great Artesian Basin has sparked calls for the federal government to follow suit.

AAP

Queensland rejects Glencore carbon capture and storage proposal for Great Artesian Basin

Environment department says its decision ‘makes clear that other carbon capture and storage projects will not be viable for the Great Artesian basin’

The Guardian - AU

Carbon capture project rejected over groundwater fears

Potential impacts on groundwater resources has led to the rejection of Glencore's carbon capture storage project in the Great Artesian Basin.

AAP

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Gina Rinehart, One Nation and the Greens all oppose Glencore’s plan to store CO2 in the Great Artesian Basin – why?

The mining company insists the storage hub is safe but many are unconvinced about injecting carbon dioxide into a major Australian water resource

The Guardian - AU

Mining industry braces for multi-billion pound Anglo American bidding war

Glencore understood to be considering takeover offer while BHP could move again after initial rejection

The Guardian - UK

Holy cow: coal, gas giants on notice over methane plume

A toxic gas is turbocharging heatwaves, bushfires and coral bleaching, and going largely unreported under "faulty" emission safeguards, satellite data suggests.

AAP

King coal accused of dodging detailed scrutiny of mine expansion plans

Critics accuse mining companies of using 'modifications loophole'

Newcastle Herald

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Investors Urge Glencore To Retain Coal Assets After Teck Deal

Glencore faces investor pressure to retain coal assets post-Teck deal, highlighting the challenges of balancing financial interests with environmental conc...

Top News

Queensland farming lobby launches legal challenge against Great Artesian Basin carbon capture trial

AgForce is seeking a judicial review of a 2022 decision that found the project did not need to be assessed under federal environmental laws

The Guardian - AU

'In the public interest': push to extend Glendell mine by two years

Application to extend Glendell mine operations through to 2026.

Newcastle Herald

Farmers urge Labor leaders to fight carbon capture plan

A farming lobby says Labor leaders whose states need the Great Artesian Basin should be fighting a carbon capture and storage trial in Queensland.

AAP

High Court backs traditional owners over mine project

Native title holders in the Northern Territory have won a High Court appeal preserving their rights over a development for a major lead and zinc mine.

AAP

Long-delayed Minnesota copper-nickel mining project wins a round in court after several setbacks

The Minnesota Court of Appeals has affirmed a decision by state regulators to grant a major permit for the proposed NewRange copper-nickel mine

The Independent UK

Miner Anglo American could become takeover target, say analysts

Shares are down almost 45% this year, and firm took further pummelling on Friday after production outlook warning

The Guardian - UK

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The Guardian - UK

Greedflation: corporate profiteering ‘significantly’ boosted global prices, study shows

Multinationals in particular hiked prices far above rise in costs to deliver an outsize impact on cost of living crisis, report concludes

Newcastle Herald

Hunter coal's last chapters being written, but blank pages remain

Many things possible for Hunter's remaining players during mining transition

AAP

Rift between net-zero climate pledges, carbon footprint

Woodside, Chevron and Glencore have been assessed as at significant risk of "net-zero greenwash" and are urged to join the "climate ambition loop" instead.

Newcastle Herald

Hunter mine tweaks 20-year extension plan after public feedback

Hunter Valley Operations says the changes will mitigate impacts.

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The Conversation

All mines close. How can mining towns like Mount Isa best manage the ups and downs?

The announcement by Glencore last week that its Mount Isa copper mines will close in 2025 is significant for the town.

The Conversation

Cleaning up Australia's 80,000 disused mines is a huge job – but the payoffs can outweigh the costs

Newly announced closures of Glencore’s copper and zinc mines in Mt Isa will add to a huge number of former mines in Australia. A 2020 study by Monash University’s Resources Trinity Group found more than 80,000 inactive mine sites across the country.

AAP

Glencore copper mine closure will have a ripple effect

The impact of Glencore's plan to close its Queensland copper mine in 2025 will ripple across the state's northwest.

The Guardian - AU

Afternoon Update: global outrage at Gaza hospital blast; huge Mt Isa mines to close; and Kathryn Campbell’s big pay package

Protests erupt across Middle East after hospital blast kills between 300 and 500 people

AAP

Town, 1200 workers reeling with major mine set to close

About 1200 workers are in limbo and a Queensland town is reeling after Glencore announced one of the world's biggest copper mines would close in 2025.

The Guardian - UK

Bank of England must ‘see job through’ on cost of living; eurozone inflation higher than expected – as it happened

Live, rolling coverage of business, economics and financial markets as easing of chip shortage boosts British car manufacturing by a third

Evening Standard

FTSE 100 Live: IHG, Abrdn, Glencore post results, China exports slump, shares lower

The struggling China economy and results from Glencore, Abrdn and hotels group IHG are in focus for London traders today.

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