Glencore expects 2023 marketing earnings to beat guidance
Diversified mining and marketing company Glencore expects this year’s marketing earnings to exceed the top end of its guidance range. The London- and Johannesburg-listed producer and marketer of more than 60 commodities, said on Friday that it expected adjusted marketing earnings before interest and tax to be in the $3.5-billion to $4-billion range, well above its $2.2-billion to $3.2-billion long-term guidance range.