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Posted by
Two Blokes Jun 27 -
Filed in
Stock
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6 views
Glencore's revised coal strategy and resilient marketing segment support a compelling risk-reward profile, despite lower Q1 production. The valuation remains attractive with over 25% upside, driven by normalized EBITDA and solid, strong free cash flow yields. Ongoing share buybacks, Bunge monetization, and resilient cash returns reinforce our buy rating.
