STOCK TITAN

Glencore entities disclose 3.25M shares in Chilean Cobalt (COBA)

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Glencore plc and Glencore International AG jointly report beneficial ownership of 3,250,000 shares of Chilean Cobalt Corp. common stock, representing 5.6% of the class as shown in the filing dated 05/18/2026. The Schedule 13G lists shared voting power and shared dispositive power of 3,250,000 shares and includes a Joint Filing Agreement and Powers of Attorney dated 05/22/2026.

Positive

  • None.

Negative

  • None.

Insights

Glencore reports a passive >5% stake in Chilean Cobalt with shared control.

Glencore plc and Glencore International AG jointly disclose beneficial ownership of 3,250,000 shares (5.6%) of common stock. The filing records shared voting and shared dispositive power for the full amount, indicating coordination between the two entities.

Filing mechanics include a Joint Filing Agreement and Powers of Attorney dated 05/22/2026. Future filings would show changes to voting or disposition authority if either entity alters its position.

A disclosed 5.6% stake can create visible ownership but is not necessarily controlling.

The Schedule 13G confirms a 3,250,000-share position and labels it with shared voting and dispositive authority. The filing type (Schedule 13G) typically signals a passive or qualifying investor status rather than an activist intent.

Because the filing lists exact share counts and percent, subsequent transaction filings would show any material change in ownership or shift to active intent.

Filing type Schedule 13G disclosure of beneficial ownership
Beneficially owned 3,250,000 shares ownership reported as of 05/18/2026
Percent of class 5.6% percentage of outstanding common stock
Shared voting power 3,250,000 shares as reported in Item 4(i)-(ii)
Shared dispositive power 3,250,000 shares as reported in Item 4(iii)-(iv)
CUSIP 168880102 Chilean Cobalt common stock
Signature date 05/22/2026 filing signed by authorised signatory
Beneficially owned regulatory
"Item 4. | (a) | Amount beneficially owned: 3,250,000"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Shared dispositive power regulatory
"8 | Shared Dispositive Power 3,250,000.00"
Joint Filing Agreement legal
"Exhibit Information Joint Filing Agreement, dated May 22, 2026"
Power of Attorney legal
"Power of Attorney of Glencore International AG Power of Attorney of Glencore plc"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What stake does Glencore report in Chilean Cobalt (COBA)?

Glencore reports beneficial ownership of 3,250,000 shares (5.6%). The Schedule 13G lists shared voting and dispositive power for those shares and identifies both Glencore entities as filers.

When was the Schedule 13G for COBA filed and signed?

The filing shows an ownership date of 05/18/2026 and signatures and related agreements dated 05/22/2026. The exhibit list includes a Joint Filing Agreement and Powers of Attorney.

Does the Schedule 13G indicate active control by Glencore?

The filing records shared voting power and shared dispositive power for 3,250,000 shares, but a Schedule 13G generally indicates passive reporting rather than declared active control.

What CUSIP identifies Chilean Cobalt common stock in this filing?

The filing lists the CUSIP for the common stock as 168880102, tied to the class of Common Stock with $0.0001 par value.





168880102

(CUSIP Number)
05/18/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Glencore International AG
Signature:/s/ John Burton/Authorised Signatory
Name/Title:John Burton/Authorised Signatory
Date:05/22/2026
Glencore plc
Signature:/s/ John Burton/Authorised Signatory
Name/Title:John Burton/Authorised Signatory
Date:05/22/2026
Exhibit Information

Joint Filing Agreement, dated May 22, 2026, between Glencore plc and Glencore International AG relating to the filing of a joint statement on Schedule 13G Power of Attorney of Glencore International AG Power of Attorney of Glencore plc