#Latest news with #GlencoreInvestmentPtyLtdAU Financial Review3 days agoBusinessAU Financial ReviewGlencore shifts $30b in assets to Australia in major restructureGlencore has shifted more than $30 billion in foreign assets into an Australian subsidiary in a huge restructure designed to make it easier to strike a future mega-merger with a rival commodities giant. Coal mines in Canada, South Africa and Colombia, a copper resource in Argentina and a South African manganese, chrome and vanadium business are among the assets shifted into the local Glencore Investment Pty Ltd.
AU Financial Review3 days agoBusinessAU Financial ReviewGlencore shifts $30b in assets to Australia in major restructureGlencore has shifted more than $30 billion in foreign assets into an Australian subsidiary in a huge restructure designed to make it easier to strike a future mega-merger with a rival commodities giant. Coal mines in Canada, South Africa and Colombia, a copper resource in Argentina and a South African manganese, chrome and vanadium business are among the assets shifted into the local Glencore Investment Pty Ltd.