https://newsletter.mw.creamermedia.com
Business|Coal|Resources|Operations
Business|Coal|Resources|Operations
business|coal|resources|operations

Glencore is studying whether to move primary listing from London

20th February 2025

By: Bloomberg

  

Font size: - +

Glencore said the optimal location for its primary listing “remains under study,” fueling speculation about what would be the most high-profile exit from the UK exchange to date.

Glencore began trading on the London Stock Exchange in 2011, in what was the bourse’s largest ever IPO at the time. The company said in a presentation on Wednesday that it was studying the best location for its primary listing.

After buying a majority stake in Teck Resources’s coal business in 2023, Glencore floated the idea of putting the combined coal operations into a new company listed on the New York Stock Exchange. Mutual-fund data shows the US market is more supportive of companies involved in fossil fuels.

In 2022, rival miner BHP Group switched its main listing to Sydney, ending a dual arrangement with London. Most of the trading in BHP shares was already done in Australia.

Edited by Bloomberg

Comments

Showroom

Actom
Actom

Your one-stop global energy-solution partner

VISIT SHOWROOM 
Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 21 March 2025
Magazine round up | 21 March 2025
21st March 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.133 1.125s - 127pq - 2rq
Subscribe Now