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Posted by
Two Blokes May 18 -
Filed in
Stock
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Glencore's dual focus on coal and commodities trading creates two robust cash-generating engines, supporting a strong investment case despite past share underperformance. Recent coal acquisitions, especially Cerrejón and Elk Valley Resources, have delivered outsized returns, transforming coal into Glencore's largest EBITDA contributor. Shareholders overwhelmingly backed retaining coal assets, favoring consolidated cash flows over a spinoff, reflecting confidence in management's capital allocation.
