Glencore Xstrata Plc Chief Executive Officer Ivan Glasenberg

Glencore Xstrata Plc Chief Executive Officer Ivan Glasenberg

Andrey Rudakov/Bloomberg

Glencore Xstrata Plc Chief Executive Officer Ivan Glasenberg said, “We are all shareholders in this company, we don’t want our money wasted on the building of assets or the buying of assets that don’t give a good return.”