Browsing Tag
Alumbrera
3 posts
Glencore joins ASX as copper expansion and US$5bn marketing profit outlook attract attention
Glencore has begun trading on the Australian Securities Exchange through depositary interests, broadening access to Australian institutional capital while targeting higher copper production and more than US$5 billion in 2026 marketing earnings.
Glencore targets ASX secondary listing as surging earnings revive its copper and M&A ambitions
Glencore plans an Australian Securities Exchange secondary listing by October 2026 after first-half adjusted EBITDA surged 86%, giving Australian investors direct access to its copper, coal and commodity-trading portfolio.
Glencore (LSE: GLEN) earnings jump 86% as trading windfall funds $1.5bn shareholder return
Glencore plc has beaten first-half forecasts as commodity volatility lifted trading and mining earnings. A planned Australian listing now links its copper strategy, capital returns and unresolved merger ambitions.