Orion Critical Mineral Consortium proposes to acquire a 40% stake in Glencore's (GLEN LN) DRC assets
The proposal from the Orion Critical Mineral Consortium to acquire a 40% stake in Glencore's DRC assets signals a strategic move into the critical minerals sector, particularly relevant given the growing demand for materials crucial for green technologies.
Drax (DRX LN) is reportedly planning to cut 350 employees
US plans to issue license for companies to pump Venezuelan oil
Orion Critical Mineral Consortium proposes to acquire a 40% stake in Glencore's (GLEN LN) DRC assets
US RCM/TIPP Economic Optimism Index (Feb) 48.8 vs. Exp. 47.9 (Prev. 47.2)
Newsquawk European Market Wrap - 3rd February 2026
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This deal could enhance Glencore's investment profile and operational focus, while potentially impacting its share price and market positioning within the diversified metals sector. Keep an eye on peer reactions, as this may influence M&A sentiment within the mining and materials space.
Related headlines
- Newsquawk Daily European Equity Opening News - 7th September 202615 hours ago
- Newsquawk Daily European Opening News - 7th September 202616 hours ago
- Newsquawk Daily Asia-Pac Opening News - 7th September 202623 hours ago
- US Market Wrap: Hot NFP raises Fed rate hike bets ahead of CPI/PPI next week 3 days ago
- US BROKER MOVES: SHEL upgraded at Morgan Stanley; PATH downgraded at Canaccord3 days ago
- Latvian PM says government plans to impose 300% tariff on grain arriving from Russia and Belarus5 hours ago
- Week In Focus 7-11 September 2026: Highlights include US & Chinese Inflation, ECB Policy Announcement, UK GDP 3 days ago
- Newsquawk European Market Wrap - 4th September 20263 days ago
- US EQUITY OPEN: US indices in the red following a strong US jobs report3 days ago
- Newsquawk Daily US Opening News - 4th September 20263 days ago
- The US is exploring whether Ukraine and Russia could take steps to de-escalate the war during the winter while restarting negotiations toward a broader peace agreement, Ukrainian President Zelensky told Axios in an interview Monday.4 hours ago
- Russian Foreign Ministry to close German Consulate General in St Petersburg, according to Ria and Tass7 hours ago
- Russian President Putin remains committed to escalating his war against Ukraine despite a new US push to revive peace talks, reports Kyiv Independent citing sources7 hours ago
- [MARKET ANALYSIS] JPY gains once again, to the detriment of the USD; EUR unreactive to the German politics12 hours ago
- [MARKET ANALYSIS] Oil prices are mildly firmer after US and Iran conducted tit-for-tat attacks on vessels in Hormuz19 hours ago
- Israeli army issues an evacuation warning to residents of a building in Deir Zahrani, southern Lebanon21 hours ago
- Newsquawk Weekly Economic Calendar - 6th-11th September 20263 days ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed as strong US jobs data supports the case for a Fed rate hike, while US and Iran conducted tit-for-tat attacks on vessels18 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE & SOUTH KOREAN STOCKS NEWS: Ingenia Communities (INA AT) rejected a Warburg Pincus takeover proposal worth AUD 4.75/shr in cash21 hours ago
- US FX WRAP: Dollar gains on better-than-expected NFP report3 days ago
The whole workspace, free to try.
Try it free