Gait Says Glencore is ‘Keeping Their Powder Dry’

The video discusses Glencore's financial strategies, focusing on maintaining a stable dividend while managing debt. It highlights the company's asset sales and acquisition strategies, particularly in undervalued commodities like thermal coal. The discussion also covers Glencore's future prospects and challenges in expanding its portfolio, especially in traditional commodities like zinc and copper.

What was the primary concern regarding Glencore's financial strategy that led to calls for action?

• Overinvestment in new projects

• High dividend payouts

• Excessive gearing on the balance sheet

• Lack of acquisitions

Which sector has Glencore been particularly acquisitive in, despite other companies avoiding it?

• Oil and gas

• Thermal coal

• Renewable energy

• Precious metals

What is Glencore's approach to finding new assets?

• Opportunistically acquiring undervalued assets

• Avoiding undervalued commodities

• Focusing solely on existing markets

• Investing only in technology

In which area is Glencore already one of the world's largest producers, limiting further M&A opportunities?

• Iron ore

• Natural gas

• Gold

• Zinc and copper

What might Glencore explore due to limited M&A options in its traditional commodities?

• Real estate investments

• Cryptocurrency markets

• Other commodities outside its existing portfolio

• New technology sectors