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The Latest Breaking News from Glencore

Swiss mining giant Glencore to pay $180 million to DRC over graft claims

Glencore said Monday it has agreed to pay $180 million (€170 million) to the Democratic Republic of Congo to cover corruption allegations, the latest payment in a series of graft cases it has faced worldwide.

Radio France Internationale

Britishvolt scraps plan for second factory in Canada

Troubled startup battery maker formally abandons long-shot plan to build 60GW plant in Quebec

The Guardian - UK

Why I faked coal tests: insiders on the industry's 'open secret'

"I was told on my first day in the job, this is how it operates. I was horrified to begin with, but you either get on board or you get out the door, and I had a mortgage and kids."

Newcastle Herald

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Revealed: 'Relentless pressure' to fake Hunter export coal test results

Former lab staff tell of 'picking and choosing numbers' in export coal testing 'scam'.

Newcastle Herald

Minister vows to ensure coal test accuracy after allegations

Energy Minister Chris Bowen says he wants to ensure the "absolute accuracy" of claims made by Australian companies about the quality of coal exports.

Newcastle Herald

Hunter mining operators under scrutiny as local MPs call for caution amid Andrew Wilkie's coal export claims

Claims about fraud in the coal export industry made by Independent MP Andrew Wilkie have rippled through the Hunter Valley coalfields.

ABC News

Government seeks ASIC briefing on coal testing 'scam'

The independent MP from Tasmania says the industry has been lying for years about the quality of Australian coal.

Newcastle Herald

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Roasted: Mining giant's costs case against Muswellbrook Shire Council thrown out

After a part-win in a rates war between Glencore and Muswellbrook Shire Council, Land and Environment Court rubbishes a 'deficient' and 'disingenuous' costs claim

Newcastle Herald

Workers block Colombia coal miner Cerrejon's rail access to export facility

Colombian coal miner Cerrejon, owned by Anglo-Swiss commodities giant Glencore, said on Saturday that a group of former workers has been blocking a rail line to a key export facility on the Caribbean Coast.

Reuters

FTSE 100 firms hand billions in dividend payouts to Qatar investors

Critics say everyday UK consumer spending has funnelled billions to controversial World Cup host since 2010

The Guardian - UK

Tanya Plibersek to reassess 18 proposed oil and gas projects to consider their climate change impact

Queensland environment group had asked federal minister to revisit decisions made going back to 2011

The Guardian - AU

UK orders Glencore to pay millions over African oil bribes

A British court has ordered commodities company Glencore to pay more than 280 million pounds for using bribes to bolster its oil profits in five African countries

The Independent UK

London court orders Glencore UK to pay $310m over bribery charges

The British subsidiary of the mining and trading group is penalised for seven bribery offences in five African nations.

Al Jazeera

London court forces Glencore to pay record £281m for bribery in Africa

Miner hit with largest ever UK legal penalty for a company over ‘endemic’ corruption at African oil trading desk

The Guardian - UK

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The Guardian - AU

Almost a third of Australia’s large companies pay no income tax

Tax Office finds more than half major mining, energy and water companies paid nothing in 2020-21, a three-year high

The Guardian - AU

Conservatives insist policies to cut emissions drive up power bills. There’s net zero evidence for that

The International Energy Agency has laid to rest the persistent myth that net zero policies are responsible for soaring energy prices

The Guardian - UK

Mining giant Glencore flew cash bribes to Africa via private jet, UK court hears

Corruption at FTSE 100 firm described as endemic at sentence hearing

Benzinga

Tesla Explored Minority Stake In Glencore, TuSimple Fires Its CEO Amid Regulatory Scrutiny, Twitter Could Reportedly Lose A Fourth Of Its Employees After Takeover: Top Stories Monday, Oct. 31

Washington Post

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Newcastle Herald

Climate arguments against fossil fuels get stronger, but so does demand for Hunter coal

Squaring the circle on coal and energy

AAP

Heritage halts NSW coal mine expansion

Glencore's application to expand its Glendell coal mine has been refused by a NSW planning panel, citing irreversible damage to Aboriginal cultural heritage.

The Guardian - UK

Liz Truss’s chief of staff still owns 10% of Lynton Crosby’s lobbying firm

Exclusive: Mark Fullbrook’s stake in CT Group while holding Downing Street role creates potential conflict of interest

Manchester Evening News

Council’s stance against fracking branded ‘hypocritical’ due to ‘dirty’ pension fund links

The Greater Manchester Pension Fund has millions invested in companies involved with the production of fossil fuels

ABC News

Methane emissions from natural gas flaring underestimated fivefold, US study calculates

Methane emissions from natural gas and oil wells are usually burnt to convert the fugitive gas to carbon dioxide and water vapour. But new research shows the US fossil fuel industry has underestimated how much methane escapes.

InsideEVs

Experts Say EV Battery Bottlenecks Will Work Themselves Out

While a predicted EV battery shortage could hinder automakers, efforts on the supply and demand side should help ease any major disruptions to EV adoption.

Newcastle Herald

Aboriginal massacre painting 'too insensitive' for cultural centre

Singleton Council has deemed a painting depicting a nineteenth Aboriginal massacre on the town's outskirts 'too insensitive' to show at the local arts and cultural centre.

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