Diversified commodities major Glencore is positioning itself for copper production growth in the coming years, with CEO Gary Nagle stating that the company is on a clear path to return to ...
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Asset writedowns push Glencore into $1.6 bn loss for 2024Glencore's commodities trading business generated ... months $1 billion in cash from the sale of its stake in Canadian grain handling company Viterra to Bunge, plus shares in the US-Swiss ...
Nagle noted the buyback signals Glencore's return to active stock repurchase after a year-long hiatus due to the $7 billion EVR acquisition. CFO Steven Kalmin emphasized the balance sheet strength ...
Glencore PLC is doubling down on a cost-cutting drive at its Canadian copper and zinc plants following job cuts last year, in a further overhaul of its global smelting business following a collapse in ...
Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) -7% in London trading Wednesday after reporting lower full-year core earnings, even as it returned $2.2B to shareholders. FY 2024 adjusted EBITDA fell 16% Y/Y ...
Glencore posted a slide in full-year profit as the commodity giant battles slumping prices for key materials and suggested that it’s prepared to cut output to support prices in some markets. The ...
Despite a weak start to 2025 for the Glencore (LSE:GLEN) share price, the mining giant’s become the talk of the town. It seems management’s getting impatient with London investors undervaluing its ...
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