Glencore CEO Cuts Zinc in Battle With Funds Distorting Prices

Updated on
  • Company to suspend operations at mines in Australia and Peru
  • Zinc price surges 12% in biggest gain since at least 1989

How Glencore's 'Aggressive Drop' Made It Attractive

Glencore Plc billionaire Chief Executive Officer Ivan Glasenberg has declared war on the hedge funds he says are distorting commodity prices and intensifying a price slump.

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