TelestackBühler GmbHPort of StocktonVan AalstCleveland Cascades LtdVigan
  • Van Aalst
  • Cimbria
  • TOC Events
  • Bühler GmbH
  • Vigan
  • Port of Stockton

CFTC to investigate Glencore

(Posted on 29/04/19)

Glencore has been informed by the United States Commodity Futures Trading Commission (“CFTC”) that the CFTC is investigating whether Glencore and its subsidiaries may have violated certain provisions of the Commodity Exchange Act and/or CFTC Regulations through corrupt practices in connection with commodities.     

Glencore understands that the CFTC’s investigations are at an early stage and have a similar scope in terms of subject matter as the current ongoing investigation by the US Department of Justice (“DOJ”).

Glencore will cooperate with the CFTC.  Glencore’s response will be managed by its Investigations Committee, which was set up in July 2018 to oversee Glencore’s response to the investigation by the DOJ.

Glencore are one of the world’s largest globally diversified natural resource companies. Founded in the 1970s as a trading company operations comprise around 150 mining and metallurgical sites, oil production assets and agricultural facilities.

Latest News

Cargill completes acquisition of Owensboro Grain Company

(Posted on 27/01/23)

Cargill has announced that it has completed the acquisition of Owensboro Grain Company, a fifth-generation... Read more


BHP selects seven companies to accelerate copper and nickel exploration

(Posted on 23/01/23)

BHP Xplor, an accelerator programme introduced by BHP in August 2022, has announced its first cohort... Read more


Trafigura makes carbon removal commitment as part of First Movers Coalition

(Posted on 16/01/23)

Trafigura Group Ptd Ltd., a market leader in the global commodities industry, has made a public carbon... Read more


Hefner assumes USGC global trade position in Washington

(Posted on 10/01/23)

Jace Hefner has joined the U.S. Grains Council (USGC) in its Washington, D.C., headquarters as the new... Read more


Cargill announces CFO transition

(Posted on 10/01/23)

Cargill has announced that Jamie Miller will step down as Chief Financial Officer to accept an opportunity... Read more


Adbri extends supply contract with ICL

(Posted on 10/01/23)

Adbri Limited has announced that it has extended its cementitious materials supply arrangement with... Read more


Dana Steel to replace imported raw materials with ‘Made in UAE’ supply

(Posted on 04/01/23)

Khalifa Economic Zones Abu Dhabi – KEZAD Group, the integrated trade, logistics, and industrial... Read more


GrainCorp to boost digital connectivity in the bush

(Posted on 23/12/22)

Australian agribusiness GrainCorp is co-leading a $12 million investment round into rural connectivity... Read more


BHP and OZ Minerals extend exclusivity period

(Posted on 20/12/22)

BHP has provided an update to its announcement on 18 November 2022 that confirmed BHP had entered into... Read more


Kaisa Hietala to join Rio Tinto Board

(Posted on 20/12/22)

Rio Tinto has appointed Kaisa Hietala as a non-executive director. Ms Hietala, a Finnish citizen, will... Read more


Sailors SocietyPort of South LouisianaTOC EventsTBA GroupThe Wolfson Centre for Bulk Solids Handling Technology Cimbria
  • Cleveland Cascades Ltd
  • TBA Group
  • Port of South Louisiana
  • Telestack

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping