Post by Billionaires.Africa Inc.
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Glencore holds steady at $117B revenue despite coal slump Glencore, the Swiss commodity trading and mining powerhouse led by South African executive Gary Nagle, has reported half-year revenue of $117.4 billion for 2025, virtually unchanged from last year. The company weathered weaker coal prices and lower copper production, while still committing to $3.2 billion in shareholder returns this year, including a fresh $1 billion buyback. CEO Gary Nagle says Glencore is positioning for a stronger second half, with higher copper output, cost savings, and rising demand for key commodities. š Tap the comment below to read the full story.