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Glencore expected to set out investment case amid ESG, African Copper worries - Miningmx

Glencore expected to set out investment case amid ESG, African Copper worries. GLENCORE will use an investor update planned for tomorrow (December 3) to tackle factors that investors think are behind the relative under-performance of the Swiss group’s share price. The investor update was also likely to throw the spotlight on the Glencore’s African copper business which had been subject to a restructuring this year, said the Financial Times in a report today. “Despite our lower medium-term copper price forecasts … we are becoming more positive on Glencore’s commodity mix, where we are ahead of consensus,” said RBC Capital Markets.

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