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(Bloomberg Opinion) -- Ivan Glasenberg has built up a formidable commodities giant. The Glencore chief executive officer’s resolute belief in the counter-cyclical value of a trading business ...
Marc Rich (born Marcell David Reich; December 18, 1934 – June 26, 2013) was an international commodities trader, financier, and businessman.He founded the commodities company Glencore, and was later indicted in the United States on federal charges of tax evasion, wire fraud, racketeering, and making oil deals with Iran during the Iran hostage crisis.
Glencore's shutdown of its Mutanda mine has jeopardized global supplies and could significantly hurt electric vehicle makers. Cobalt Prices Soar After Glencore Announces Shutdown of Key Mine Skip ...
Glencore plc is a Swiss multinational commodity trading and mining company with headquarters in Baar, Switzerland. Glencore's oil and gas head office is in London and its registered office is in Saint Helier, Jersey. By some estimates, it is the world's largest commodity trader, [4] and among the world's largest companies. [5] [6] [7]
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In 2012, Glencore paid $340 million and took on $140 million in debt to increase its share of Samref Overseas from 50% to 74.49%, and for a 1% stake in Samref Congo. This brought their effective stake in Mutanda to about 60%, and left a remaining 25.5% portion of Samref Overseas still held by High Grade Minerals , which Glencore had set up a ...
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When his investment business slowed down after September 11, 2001, Keene contacted David Tamburelli at Bloomberg LP which led to him being interviewed by Matt Winkler, editor-in-chief of Bloomberg News, who hired him on the spot. Tom Keene started developing the idea of doing a one-hour radio show on the economy: Bloomberg on the Economy.