We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Glencore competency

10 Sep 2013 By Kevin Allison

The miner-trader expects $2 bln of cost savings next year from its takeover of Xstrata – four times an initial synergy target. That goal was clearly undercooked. The new figure also reflects boss Ivan Glasenberg’s purge of former Xstrata staff and mines.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)