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Glencore hands $7.1B to shareholders after record profit

Por: Fox Business Business February 15, 2023

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Defense Metals Corp President Luisa Moreno joins 'Mornings with Maria' to discuss the U.S.' ability to produce rare earth minerals, its reliance on China, and the need for more elements to meet Biden's 2030 electric vehicle goals. Glencore announced a payout of $7.1 billion to its investors on Wednesday, as helped it to post a record annual profit, but it said the rising costs of producing minerals could dent future earnings.... + full article



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