04
Aug
15:45
Glencore posts record net profit in H1
Glencore posted on Thursday an 846% surge in its first-half profit, benefitting from the volatility and high prices in the energy market – mostly coal and natural gas.
The Swiss mining and trading giant reported a profit of $12.03 billion in the first six months of the year, compared with $1.27 billion a year earlier. Profit also includes gains from the Cerrejón acquisition and the Ernest Henry disposal, Kallanish learns.
With a wide commodities por…
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Anonymous
Very good overview of the weekly steel market.
Anonymous