#Glencore records $1.99 billion profit
It’s a remarkable U-turn for the #Gelncore, which runs one of the largest commodities trading operations, after it had to suspend dividends and sell shares in late 2015 to raise cash. With its business turnaround complete, the company is looking to grow.
In #Sudbury, Glencore operates #Nickel Rim and Fraser mines, a mill and a smelter. Operating under the name of Sudbury Integrated Nickel Operations, Glencore employs about 1,300 people in the city.