Diversified miner Glencore says robust demand for metals and energy resulted in record core profit in 2021, putting the group in a position to return $4bn to shareholders.
Adjusted earnings before interest, taxation, depreciation and amortisation , or core profit, jumped 84% to $21.3bn in the group’s year to end-December, buoyed by record prices for key minerals, notably thermal coal and liquefied natural gas...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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