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

A sop in time

20 August 2014 By Swaha Pattanaik, Chris Hughes

The $80 bln trader-miner is returning $1 bln of cash and has set out a framework for capital management, with wiggle room. That makes sense – miners need flexibility on M&A and capex. Glencore’s owner-manager ethos gives credibility to its broad commitment to shareholder returns.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)