Glencore Xstrata has denied any wrongdoing over an Iranian alumina deal, after a leaked UN reportsaid the transactions could have been a way of skirting international sanctions. Glencore Xstrata has denied any wrongdoing after UN report claimed certain transactions could have been a way of for Tehran to avoid international sanctions on its nuclear ...

(Reuters) -Metalsswap deals withIranby Switzerland-based commodities giants Glencore Xstrata and Trafigura could have been a way of skirting international sanctions against Tehran over its nuclear program, according to a confidential U.N. Panel of Experts report seen by Reuters on Wednesday. Reuters reported on March 1 that Glencore had supplied thousands ...

Company says it 'ceased transactions prior to EU sanctions' when it learned of links with Atomic Energy Organisation of Iran One of Britain's biggest companies has made millions of pounds selling goods toIran, including to a state-owned firm that supplies the regime's nuclear programme. Glencore, a commodity trading house run by the billionaire ...

Affiliates ofGlencore International Plc (GLEN), the worlds largest publicly traded commodity supplier, entered into sales contracts last year with entities controlled by Iran, according to Century Aluminum Corp. Non-U.S. affiliates of Glencore, Centurys largest shareholder, entered into sales contracts for wheat and coal and sale and purchase contracts ...