The Federal and Queensland Governments are holding high-level discussions to find a long-term solution for Glencore’s Mount Isa copper smelter.
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Glencore will provide cobalt hydroxide feedstock to Cobalt Blue’s Kwinana refinery in Western Australia, which is set to become the country’s first cobalt refinery.
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The Queensland Government has revealed a series of initiatives to drive growth and investment across the state’s mining and freight sectors, particularly in the north-west region.
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While its copper operations experienced decreased production during the March 2025 quarter, Glencore’s other commodities saw a surge compared to the prior corresponding period.
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Glencore has reaffirmed its long-term commitment to Queensland mining, working to redeploy workers from its soon-to-close Mt Isa underground copper mine.
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Glencore reported a strong operational performance for 2024, with production remaining within guidance and copper equivalent volumes increasing by approximately four per cent year over year.
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Glencore’s copper production was 26,000 tonnes (t) higher in the second half (H2) of 2024, due to Antapaccay’s recovery from geotechnical issues in H1 and higher grades at Kamoto Copper Company (KCC).
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Rio Tinto and Glencore reportedly held talks about a potential merger late last year, but the talks are no longer active, a source revealed to Bloomberg.
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Iluka Resources has announced the retirement of its chairman Rob Cole, while Glencore’s David Wormsley has notified the company he will retire from the board of directors.
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Carnaby Resources is set to acquire the high-grade Trekelano copper-gold deposit in Queensland, which includes a binding tolling and offtake agreement with Glencore.
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SRG Global has locked in major contracts with some of Australia’s biggest miners, including South32, Roy Hill, Pilbara Minerals and Glencore.
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The Queensland Government has approved 10 projects to support almost 500 local jobs in Mount Isa ahead of planned mine closures by resources giant Glencore. Read More
Glencore shareholders have voted for the major miner to retain its coal and carbon steel materials business, leading the major miner to walk away from its original demerger plans.
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Recently declared to be holding a “geo-strategically significant” new project, Tivan has welcomed new leadership from iron ore major Fortescue.
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Emerging copper company Cyprium Metals has entered into a commercial strategic partnership with Glencore to expedite the recommencement of copper production from the Nifty copper mine.
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