Glen­core

(LSE:Glen)

The Australian Mining Review - - NEWS: COMMODITY FOCUS: COAL -

Glen­core recorded a 50 per cent jump in en­ergy prod­ucts in­dus­trial rev­enue to $US5.037 mil­lion in its H17 re­port, sup­ported by de­mand growth in the Pa­cific and At­lantic mar­kets.

“Amid the best global eco­nomic growth mo­men­tum seen in re­cent years, our as­sets re­ported strong mar­gins, gen­er­ated by sig­nif­i­cantly bet­ter com­mod­ity prices and the favourable cost struc­tures now em­bed­ded across the port­fo­lio,” Glen­core chief Ivan Glasen­berg said.

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