Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Glencore gets a "Buy" rating after a $6.9B coal acquisition, targeting high demand in India.

flag Glencore, a major commodities company, has received a "Buy" rating from analysts with a target price of £442.50. flag The company recently acquired a Canadian coking coal business, Elk Valley Resources, for $6.9 billion, a move seen as strategic due to high demand for coking coal, especially in India. flag Analysts view this acquisition as an upgrade to Glencore's asset quality and operational strength.

2 Articles

Further Reading