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April 29, 2021
29 April 2021 | 07:57am StockMarketWire.com - Mining giant Glencore reported first-quarter production was broadly in line with its expectations as coal production fell and copper production increased. The company also forecast full-year marketing earnings within the top half of guidance. [W]e expect full year marketing EBIT to be within the top half of our long-term $2.2-3.2 billion p.a. guidance range, the company said. Coal production fell 23% to 24.5 million tonnes and ferrochrome producti...
March 3, 2021
3 March 2021 | 08:04am StockMarketWire.com - Infrastructure fund JLEN said it had acquired Gigabox South Road, which held the development rights to construct the West Gourdie project, a 50MW lithium-ion battery energy storage plant based in Dundee, UK. JLEN would invest up to £21.2 million in the project over the next 12-15 months. The West Gourdie project, which is fully consented and construction ready, was expected to reach energisation and start commercial operations in March 2022. The We...
February 16, 2021
16 February 2021 | 07:48am StockMarketWire.com - JLEN Environmental Assets said it would hold a shareholder meeting to approve a change in its investment policy to allow the company to access a wider pool of environmental infrastructure investments. The extraordinary general meeting of the company was expected to be held at 10.00 a.m. on 8 March 2021. The companys existing investment policy expressly prohibited it from investing in projects which were located in countries other than those ...