Commods prices lift Glencore H1 as company looks to growth in battery market

Higher commodity prices boosted first half earnings at Glencore with adjusted earnings before interest, tax depreciation and amortisation up 70% to $6.7bn as the company said the growth in the electric car and battery storage market would unlock new demand for metals.

Sourced through Scoop.it from: www.digitallook.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s