Glencore Executive Advised Radiant Not to Use Email Amid Dispute
A senior executive at Glencore Plc (GLCNF) reportedly advised counterparts at Radiant World not to communicate via email during a dispute, according to WhatsApp messages reviewed by Bloomberg News. The directive came from Peter Hill, the head of iron ore for Glencore, who wrote “say nothing on email” in internal communications. The incident is part of an ongoing $2 billion disagreement between the two companies over alleged mismanagement and financial obligations related to a joint venture involving iron ore operations. Radiant World has accused Glencore of breaching their agreement by not providing sufficient support, while Glencore denies wrongdoing and claims Radiant failed in its responsibilities. The dispute highlights tensions within international mining partnerships and could have broader implications for investor confidence if it escalates further.
Topics: compliance risk corporate communication executive behavior