Mining and commodity trading giant Glencore said on Tuesday its core earnings halved in the first six months of 2023 on the back of lower energy commodity prices and less intense market volatility compared to the same period last year. Glencore reported core earnings – or adjusted earnings before interest, tax, depreciation and amortization (EBITDA) – of $9.4 billion for the first six months of this year, down by 50% annually. The mining and trading group also sharply reduced additional payout to shareholders compared…
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