Glencore Archives - The Daily Journal

Glencore, Peabody and Heeney consider coal production in Venezuela

October 2, 2026October 2, 2026Tatiana Da GamaLeave a Comment

Coal production plunged to 350,000 short tons in 2024 from 8.7 million in 2000 The Daily Journal.- Glencore Plc, Peabody Energy Corp. and Heeney Capital are considering agreements to produce coal in Venezuela’s Zulia state. The talks have focused on operational control and offtake rights rather than direct ownership of the mines. According to a […]

Glencore and Mercuria compete for deal to operate Venalum

September 12, 2026September 12, 2026Tatiana Da GamaLeave a Comment

Both companies are negotiating with Venezuela to operate the plant, in a move that marks the return of major commodity traders The Daily Journal.- London-listed miner Glencore (GLEN.L) and Swiss commodity trading company Mercuria Energy are among the firms seeking a deal involving Venalum, Venezuela’s largest aluminum plant. According to Bloomberg, both companies are holding […]