After holding up fairly well in2014, the copper price has recently slid down like most other base metals before it, and thats bad news for Glencore (LSE: GLEN). Much of its profit is derived from copper for starters, but theres a double-whammy in that aconsequently depressed share price will limit any ambitionsGlencore hasto bid for Rio Tinto
Get FREE Issues of The Motley Fool Collective
Get straightforward advice on whats really happening with the stock markets, direct to your inbox. Help yourself with our FREE email newsletter designed to help you protect and grow your portfolio wealth.
By providing your email address, you consent to receiving further information on our goods and services and those of our business partners. To opt-out of receiving this information click here. All information provided is governed by our Privacy Statement.