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Glencore Q1 production 'broadly in line' with expectations; keeps guidance unchanged | 29 April 2021 - Vimarsana News

Glencore Q1 production 'broadly in line' with expectations; keeps guidance unchanged | 29 April 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 production of was 3% up on Q1 2020. 'Coal production was down 7.4 million tonnes, reflecting Prodeco's c...

JLEN acquires battery storage project | 3 March 2021 - Vimarsana News

JLEN acquires battery storage project | 3 March 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 West Gourdie project will be connected to Scottish Hydro Electric Power Distribution plc's distributi...

JLEN Environmental Assets to seek approval to change investment policy | 16 February 2021 - Vimarsana News

JLEN Environmental Assets to seek approval to change investment policy | 16 February 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 company's existing investment policy expressly prohibited it from investing in projects which were located in countries other than those which are members of the OECD, the company said. 'The revised investment policy would, if approve...