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Access unique insights into mining alternative finance, with analysis of key trends...
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Leading commodities firm Glencore is faced with increased margin costs for its derivatives and has built up working capital significantly in the first half of this year, costs which may impact cash returns when it reports first-half earnings on August 4.
Glencore shows working capital hike
Glencore's chief executive officer Gary Nagle used the firm's first-half production results today - which included a 4.5% downward revision in the firm's copper guidance for this year to 1.
The project has an IRR of 156%
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