Advertisement
UK markets closed
  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     
  • HANG SENG

    18,479.37
    -98.93 (-0.53%)
     
  • CRUDE OIL

    78.90
    +0.42 (+0.54%)
     
  • GOLD FUTURES

    2,320.70
    -10.50 (-0.45%)
     
  • DOW

    38,939.72
    +87.45 (+0.23%)
     
  • Bitcoin GBP

    50,686.50
    +90.22 (+0.18%)
     
  • CMC Crypto 200

    1,315.13
    -50.00 (-3.67%)
     
  • NASDAQ Composite

    16,390.60
    +41.35 (+0.25%)
     
  • UK FTSE All Share

    4,522.99
    +53.90 (+1.21%)
     

Glencore reiterates targets net debt of $17-$18 billion

BRUSSELS, May 10 (Reuters) - Glencore (Xetra: A1JAGV - news) on Tuesday reiterated it was targeting net debt of $17-18 billion this year, in line with earlier statements and net funding of $32-33 billion.

In a presentation to a conference in Miami, the company also said it was aiming to complete the sales process from $2.6 billion of asset disposals announced in April this quarter.

(Reporting by Barbara Lewis; editing by Robert-Jan Bartunek)