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Tuesday, 30 November 99
GLENCORE EXPECTS 2023 TRADING UNIT PROFITS OF UP TO $4 BLN - REUTERS
Glencore GLEN.L on Friday said it expects profits at its trading division this year of up to $4 billion, exceeding its long-term annual guidance.
The miner and trader’s trading division includes coal, oil, LNG and related products, as well as metals, whose profit hit a record $6.4 billion in 2022, up 73% from the previous year.
It expects full-year trading earnings before interest and taxes (EBIT) to be between $3.5 and $4 billion. Its long-term yearly guidance stood at between $2.2 billion and $3.2 billion.
Glencore reported lower copper, zinc and nickel production in the first half, but expects higher volumes at some of its mines in the second half.
The group left its overall 2023 guidance for copper unchanged at 1.04 million metric tons.
Source: Reuters
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Tuesday, 30 November 99
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Showing 6871 to 6871 news of total 6871 |
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- Billiton Holdings Pty Ltd - Australia
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- Minerals Council of Australia
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Trasteel International SA, Italy
- Indian Energy Exchange, India
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- GMR Energy Limited - India
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- The Treasury - Australian Government
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- Chamber of Mines of South Africa
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- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
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- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Planning Commission, India
- Banpu Public Company Limited - Thailand
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- Indian Oil Corporation Limited
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- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
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- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
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- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
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- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
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- SN Aboitiz Power Inc, Philippines
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- Bangladesh Power Developement Board
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- Kohat Cement Company Ltd. - Pakistan
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