COMPANY ACTIVITY

Glencore's earnings soar as production rises

GLENCORE's first half-yearly coal revenues were 53% higher than the previous corresponding half at US$4.8 billion as prices improved and tonnages increased.

Lou Caruana
Glencore's Collinsville coal mine in Queensland.

Glencore's Collinsville coal mine in Queensland.

Adjusted earnings before interest and tax for the six months to June 2017 came to $823 million compared to a loss of $501 million previously. Glencore’s Australian thermal and semi-soft production for...

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