Commodity Traders Eye Huge Payday After Major Rally ...Middle East

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Commodity Traders Eye Huge Payday After Major Rally
Glencore’s shareholders are looking at an around £2bn payday this year after commodity price surges hoisted the mining giant to a record performance in the past six months. Revenue hit £67.4bn in the first half of the year, up by some £16.3bn in comparison with the first half of 2020. The London-listed mining and trading company joined rivals Rio Tinto and Anglo American in declaring hefty shareholder cheque after record half-year profits. Shares opened lower this morning, down 0.6 percent at 327.2p per share. Its adjusted…

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