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Glencore (OTC:GLCNF) Stock, Option Chain

Glencore

Glencore is one of the world's largest commodities traders, active in markets for metals and minerals, energy products, and agricultural goods. The firm's marketing business provides sourcing, logistics, transportation, storage, and financing services to commodity producers and consumers around the globe. Core exposures are in the production of thermal coal, coking coal, copper, zinc, nickel, cobalt, and ferroalloys. Unlike other major miners, Glencore plans to produce thermal coal until its mines exhaust, arguing that it is better for listed, western companies to own these assets and then rehabilitate them consistent with western standards. It also expanded its coking coal exposure via the purchase of 77% of Teck's metallurgical coal business in July 2024.

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Trump&#39;s Administration Backs Biden&#39;s Legacy Project To Secure African Resources

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Experts urge U.S.-EU collaboration to secure assets in Ukraine&#39;s critical minerals. A joint approach would enhance supply chain security and benefit all parties.

&#39;Ukraine&#39;s Recovery Depends On Sustainable Investment,&#39; Experts Call For Trilateral Minerals Deal

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&#34;Our smelting and refining business continues to be under a high level of economic pressure,&#34; Glencore head of zinc Suresh Vadnagra said.

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