Basic Materials

Companies involved in the manufacture of chemicals, construction materials and paper products. It also covers businesses engaged in the exploration and processing of commodities. UK‑listed companies in this sector include Johnson Matthey plc, Croda International plc, CRH plc, Travis Perkins plc, DS Smith plc and Glencore plc.

Antofagasta see resilience in the demand for copper

Antofagasta PLC (LON:ANTO) has announced its Q2 2023 production report. HIGHLIGHTS PRODUCTION ·    Copper production in Q2 2023 of 149,600 tonnes, 2.5% higher quarter-on-quarter (Q1 2023: 145,900 tonnes), primarily due to..

Mondi completes sale of three Russian packaging converting operations

Mondi plc (LON:MNDI) has announced that, following the announcement on 15 December 2022 of the agreement to sell its three Russian packaging converting operations to the Gotek Group for a..

Glencore and Metals Acquisition Corp complete sale of Cobar mine

Glencore plc (LON:GLEN) and Metals Acquisition Corp (NYSE:MTAL) have today closed the sale and purchase of Glencore’s 100% interest in Cobar Management Pty Ltd, the owner of the Cobar copper..

Anglo American signs MoU with Jiangxi Copper for responsible copper

Anglo American plc (LON:AAL) and Jiangxi Copper Company, one of China’s largest copper producers, have signed a memorandum of understanding to work together to provide greater assurance on the way..

Rio Tinto Chief Executive Aluminium Ivan Vella to step down

Rio Tinto plc (LON:RIO) has announced that Ivan Vella, Chief Executive, Aluminium, has accepted a new position outside of Rio Tinto and will leave in December 2023. He will continue..

Glencore alternative proposal to acquire Teck’s steelmaking coal business

In response to press reports, Glencore plc (LON:GLEN) has confirmed that it submitted a proposal to the Board of Directors of Teck Resources Limited in which it offered to acquire..

Croda International sales volumes down as a result of customer destocking

Croda International Plc (LON:CRDA) has provided an update on trading for the period ending 31 May 2023. In Consumer Care, whilst sales volumes are up compared to the final quarter..

Glencore publishes 2022 Sustainability Report

Glencore plc (LON:GLEN) has published its 2022 Sustainability Report: Our 2022 Sustainability Report incorporates our ESG (environment, social and governance) data book, which aligns with the Global Reporting Index’s reporting..

Anglo American Q1 production increased by 9%

Anglo American plc (LON:AAL) has announced its production report for the first quarter ended 31 March 2023. Duncan Wanblad, Chief Executive of Anglo American, said: “Our production in the first..

Glencore Q1 production broadly in line with expectations

Glencore plc (LON:GLEN) has announced its first quarter production report 2023. Glencore Chief Executive Officer, Gary Nagle: “First quarter production was broadly in line with our expectations, accounting for portfolio..

Antofagasta Q1 production and cost performance in line with guidance

Antofagasta plc (LON:ANTO) has announced its Q1 2023 production report. HIGHLIGHTS PRODUCTION ·    Copper production in Q1 2023 at 145,900 tonnes was in line with guidance, 5.1% higher than in the..

Antofagasta appoints Heather Lawrence as an Independent Non-Executive Director

Antofagasta plc (LON:ANTO) has announced that the Board of the Company has appointed Heather Lawrence as an Independent Non-Executive Director and member of the Company’s Audit and Risk Committee with..

Anglo American welcome decision from Committee of Ministers in support of LBIP

Anglo American plc (LON:AAL) has welcomed the decision in Chile by the Committee of Ministers to approve the environmental permit application for the Los Bronces Integrated Project (LBIP), setting up..

Anglo American De Beers sees good demand for rough diamonds in cycle 3

Anglo American plc (LON:AAL) has announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ third sales cycle of 2023, amounting to $540 million. Cycle..

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