You are here
Glencore on track to cut debt; suffers coal hedging loss
GLENCORE said it expected to exceed a previous target to cut debt but it took a nearly US$400 million hit from a bad bet on coal and echoed warnings voiced by mining rivals of volatile commodity markets.
Along with Anglo American, Glencore was among the companies worst
- CALL +65 6388 3838
- EMAIL email@example.com