After holding up fairly well in 2014, the copper price has recently slid down like most other base metals before it, and that’s bad news for Glencore (LSE: GLEN). Much of its profit is derived from copper for starters, but there’s a double-whammy in that a consequently depressed share price will limit any ambitions Glencore has to bid for Rio Tinto…
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How Will Glencore PLC Navigate 2015?
VIDEO: One Fool takes a closer look at Glencore PLC (LON:GLEN)…
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RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partnerâs brokerage products, these are focused on the trading of readily releasable securities.
