News
04 February 2016

Glencore must offset mining woes, warns S&P

Region:
Europe

Swiss-headquartered Glencore needs its commodities-trading division to help offset its sluggish mining unit, according to Standard & Poor's (S&P). The commodity rout has eroded profits for the biggest miners and forced them to do more to protect their credit ratings.

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
01 December 2025

A benchmark in ECA shopping line credits

Euler Hermes’ inaugural shopping line credit under the German government’s new framework heralds a new era in German export finance. The bespoke solution — originated,...

Interview
05 December 2025

Adaptability in action with BU President Akita

Yuichiro Akita, President of the Berne Union and senior general manager, international strategic policy, at Nippon Export and Investment Insurance (NEXI) discusses the...