Glencore H1 Results: Volatility and Acquisitions to Follow
Continued market volatility and opportunities for acquisitions were the take-away messages as heavyweight commodity producer and trader Glencore International Plc released its H1 results.
Continued market volatility and opportunities for acquisitions were the take-away messages as heavyweight commodity producer and trader Glencore International Plc released its H1 results.
The world's largest zinc producer, India-focused mining group Vedanta Resources solidified its top position on May 10 announcing the purchase of Anglo American's zinc assets in Africa and Ireland. Obtaining 11 percent of global zinc production by increasing its capacity by 37 percent, the company expects to make a positive return on its investment within 3 years.
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