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  - AFRICANMININGMARKET.COM - A La Une - 30/Jul 08:21

Glencore to cut costs by US$1 billion

Glencore plc said it will cut about US$1 billion of costs after a review of its sprawling network of mines and smelters, as it raised the long-term profit forecast for its commodity trading unit for the first time since 2017. Glencore’s position as both a large producer and third-party trader of metals and minerals sets …

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