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Glencore’s copper bet set to drive $12.4bn earnings in 2025

Copper mine. Photo by Jandira Sonnendeck @ Unsplash
Copper mine. Photo by Jandira Sonnendeck @ Unsplash

Vitalio Angula

Vitalio Angula is a multi-media journalist based in Namibia with over eight years experience in TV, Radio, Digital and Breaking News Reporting and interest in finance, environmental and political reporting.
  • Glencore is forecast to generate $12.4bn in EBITDA in 2025, fuelled by copper demand
  • The miner remains among the world’s top five diversified producers

 

Glencore is expected to post $12.4 billion in earnings before interest, tax, depreciation and amortisation (EBITDA) next year, keeping it in the ranks of the world’s top five diversified miners, says investment firm Simonis Storm.

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