Glencore posts record profit for 2022, warns of higher mining costs
Company announces a payout of $7.1 billion to its investors as high oil and coal prices helped it to post a record annual profit.
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Company announces a payout of $7.1 billion to its investors as high oil and coal prices helped it to post a record annual profit.
By Clara Denina and Helen Reid LONDON (Reuters) -Glencore announced a payout of $7.1 billion to its investors on Wednesday, as high oil and coal prices helped it to post a record annual profit, but
Company announces a payout of $7.1 billion to its investors as high oil and coal prices helped it to post a record annual profit.
Glencore announced a payout of $7.1 billion to its investors on Wednesday, as high oil and coal prices helped it to post a record annual profit, but it said the rising costs of producing minerals
Glencore had one of its greatest years on record, cutting debt to $75 million from $6 billion, and returning $7.1 billion to shareholders, as demand soars.