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20 Oct

Green energy metals help boost Glencore’s outlook: Moody’s

High exposure to energy transition metals contributed to Glencore’s outlook upgrade to positive from stable, Kallanish learned from Moody's earlier this week. The rating action reflects the company’s tightened financial policy, progress in addressing governance risks, and “very strong” credit metrics. Glencore has a diversified business combining mining assets across various metals, downstream, and marketing operations. Despite …
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