Mining company Glencore reported a record profit of $34.1bn (£28.2bn) last year, largely driven by its coal and trading divisions.
Glencore (LON:GLEN) return extra $4.5 bln to shareholders after record earnings
Glencore, a miner and trader, announced Thursday that it will return $4.5 billion to investors. This includes a $3 billion share buyback. The company reported a record-breaking half-year profit, largely
China’s coal prices hit record highs, they look to the west for help
China’s energy crisis grew on Friday, as cold weather inundated large parts of the country. Power plants scrambled for coal to stock up, sending fuel prices to new records.