Glencore is the cheapest copper business, says CEO

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Gary Nagle says the company has a huge stockpile amid shortage of critical minerals

Glencore CEO Gary Nagle said his company is the cheapest way to buy exposure to a coming copper boom as he predicted a renewed spree of deal-making in mining.

The mining industry had largely turned its back on big-ticket deals after a series of disastrous transactions at the height of the last commodity boom, but a looming shortage of metal needed for the green energy transition is likely to drive a new wave of consolidation, Nagle said in an interview last week...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines