Glencore Ktanaga copper mine DRC
(Picture: Glencore)Glencore’s profits from trading commodities is set to reach a record high as the company lines its pockets in the wake of soaring energy and raw materials prices.
The mining giant said it now expects profits in the first six months of 2022 to exceed $3.2 billion (£2.6 billion), above the top end of its guidance range of $2.2 - $3.2 billion and roughly the same amount of profit it makes in a full year.
