Glencore's Outlook Improves as Commodity Prices Rise, Energy and Automotive Markets Open Up
Glencore's Outlook Improves as Commodity Prices Rise, Energy and Automotive Markets Open Up
SUGAR LAND--August 15, 2017--Stronger commodity prices continued to benefit mining giant Glencore plc (Baar, Switzerland) in the first half of the year, with executives optimistic that the trend will continue through the end of 2017. Unlike the oil industry, where a bump in prices earlier in the year ultimately disappointed, the Metals & Minerals Industry has been enjoying a recovery that has boosted the project outlook for Glencore and its peers. Industrial Info is tracking more than $12.7 billion in active projects involving Glencore.
Within this article: Details on some of Glencore's projects in its most prosperous fields, including copper and cobalt production in central Asia and Africa.
Other companies featured: Rio Tinto plc (NYSE:RIO)
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