Deals
Glencore’s CEO Says Rival Mining Chiefs ‘Really Screwed Up’
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Glencore International Plc’s billionaire Chief Executive Officer Ivan Glasenberg criticized his recently departed mining CEO peers for swamping the industry with mines and new production that crimped profits.
“The big guys really screwed up,” Glasenberg, 56, who runs the world’s largest publicly traded commodities supplier, told investors yesterday in a presentation.