Mining Magazine - September 2021

Page 12

TIMELINE A Year of Change at

As the global sustainability drive promotes a shift in global industry purchasing, the mining industry is gearing up for the abolishment of coal and the spike in other resources. We take a look at some of the industry actions of Glencore during the past year. A year of significant change.

October 2020

January 2021

Signs £136.1mn Deal with Sandvik Glencore signed a deal with Sandvik for the procurement of underground and mobile mining equipment for its metal mining operations in Queensland, Australia.

Sells Majority Stake in Zambian Copper Mine Glencore relieved itself of its 90% share of the struggling business practices at the Mopani Copper Mines. Zambia, to the statecontrolled investment organisation, ZCCM Investment Holdings.

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September 2021

April 2021 Signs MOU with China Huaneng Group on CCUS project China Huaneng Group Clean Energy Research Institute and Carbon Capture Transport and Storage Company of Glencore sign a Memorandum of Understanding (MOU) for the cooperation on carbon capture utilisation and storage (CCUS) technology.


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