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flag Glencore reports a $1.6B net loss in 2024 but plans to distribute $2.2B to shareholders.

flag Glencore, a major commodity trading company, reported a $1.6 billion net loss for 2024, mainly due to falling coal prices and asset write-downs. flag Despite the loss, the company plans to distribute $2.2 billion to shareholders through dividends and buybacks. flag Glencore is also considering moving its primary stock listing from London to New York or another exchange to improve its stock valuation.

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