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Glencore earnings soar, but hefty legal bill looms

Swiss-headquartered miner and trading company Glencore reported soaring earnings in 2021, as a bull run in commodity markets boosted revenues. The company is also hoping to resolve a number of ongoing legal issues this year, albeit at a hefty price tag of US$1.5 billion.

William Clarke
Glencore earnings soar, but hefty legal bill looms

Glencore's 2021 revenues were up by 43% year on year, at US$203.8 billion, thanks to soaring metal prices, in preliminary results released on February 15. Glencore reported 2021 adjusted earnings before...

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