Currently viewing Global edition

Hot coal market fuels Glencore returns

Glencore’s coal-fired profits will be delivered back to investors in a US$7.1 billion, the mining giant announced.

Hot coal market fuels Glencore returns Hot coal market fuels Glencore returns Hot coal market fuels Glencore returns Hot coal market fuels Glencore returns Hot coal market fuels Glencore returns

In preliminary full year results Glencore announced adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for 2022 at a record $34.1 billion, in line with estimates from BMO.