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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

Miner Glencore decides against moving stock market listing from London to US

Glencore United States London Stock Market Gary Nagle the London Stock Exchange
Copper anodes are cast at furnace 8 at the Canadian copper refinery in Montreal, part of the Glencore group.
Copper anodes are cast at furnace 8 at the Canadian copper refinery in Montreal, part of the Glencore group. Photograph: Canadian Press/Shutterstock

The FTSE 100 miner Glencore has decided to retain its stock market listing in London, rejecting calls for it to move to the US in a boost for the London Stock Exchange.

The Swiss-headquartered company said that shifting its listing away to a rival bourse such as New York would not present value for its shareholders, after carrying out a formal review of its options.

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