Glencore metals marketing revenue boosted by ore

摘要

Glencore's metals and minerals marketing business increased its revenue during the first half of 2012, boosted by higher volumes of iron ore and copper, despite continued economic uncertainty and a lower commodity price environment, the Switzerland-based commodities group said Tuesday. Marketing revenues in H1 2012 were 26.4 billion dollars versus 20.7 billion dollars in H1 2011, an increase of 28%. “This growth was principally driven by increased volumes, particularly in copper and, to a lesser extent, iron ore,” Glencore said in a statement.