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Evening Standard

Business

Oscar Williams-Grut

Glencore and BHP return $10 billion to investors on the back of soaring coal, oil and metal prices

A BHP truck at one of its Australian mines
(Picture: BHP)

Surging prices for iron, coal and oil have led to booming profits at Glencore and BHP.

The two commodity companies today announced over $10 billion in returns to investors as the restarting of the world’s economy leads to huge demand for raw materials and power.

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