News
18 February 2020

Glencore posts first annual loss in four years as impairments bite

In:
Metals and Mining
Region:
Europe

Glencore has reported its first annual net loss since 2015 after writing down $2.8 billion in coal, oil and copper assets.The impairments mainly related to the closure of its African copper operations, which suffered from low cobalt prices, the expiry of licenses in its Chad oil operations and weak...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
19 May 2026

lill Global Symposium: Chris Mitman, Acre Impact Capital

On the sidelines of the lill Global Symposium in Oxford this month, TXF spoke with Chris Mitman, a partner at Acre Capital to find out how deployment is going for its Export...

Video
26 May 2026

UKEF’s Reid talks ‘times like these’

UKEF’s Chief Executive, Tim Reid, sat down with TXF in his offices in Horse Guards Road to discuss origination strategies for UK exporters, practical partnerships, defence,...