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Glencore’s coal-fired profits will be delivered back to investors in a US$7.1 billion, the mining giant announced.
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.
With a coal spin-off back on the cards, Glencore investors call for clarity
Glencore guilty of bribery, market abuse
Glencore joins capital returns party
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