News
05 September 2019

Glencore's risk appetite dwindles, fueling focus on safer regions

In:
Metals and Mining
Region:
Americas, Europe

Glencore's penchant for risk has long been mining industry lore, but the company is quickly expanding into a part of the world that would have been improbable just a few years ago: Minnesota.The Swiss-based commodity trader took majority control last June of PolyMet Mining Corp, which is...

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


Perspective
02 July 2026

Oryx and Trafigura show two speeds of commodity ABS

Oryx has priced a landmark Permian midstream ABS that may open a new funding route for commodity infrastructure borrowers. But with Trafigura’s latest commodity receivables...

Perspective
06 July 2026

The new CAD: Moving credit and asset distribution beyond...

TXF’s inaugural Credit and Asset Distribution Day (CAD) gives a platform to a market that has often shaped the limits of long-dated finance, but from the shadows. What's the...