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Glencore's 2012 profit hit by lower commodities prices

2013-03-05 4 Dailymotion

Glencore's net income fell by a quarter last year due to lower prices for commodities, but it made more money from trading so did not suffer as much as some rivals. <br /><br />That modest drop was important as Glencore is just a month away from its takeover of miner Xstrata - which will make it the world's fourth-largest diversified mining company. <br /><br />...<br />http://www.euronews.net/

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