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Record half for Glencore despite challenges

Major bullish on balance sheet after half dominated by DOJ investigation, legal fights and buyback

Jacqueline Holman
The ramp-up of Katanga’s whole ore leach project remains on track

The ramp-up of Katanga’s whole ore leach project remains on track

Net income attributable to equity holders rose 13% year-on-year to US$2.8 billion, while adjusted EBITDA jumped 23% to a record 8.3 billion and adjusted EBIT was up 35% to $5.1 billion. Despite the...

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