Forecast: in Just One Year Glencore Shares Could Turn £10,000 Into…

The company's electrification is based on extractive activity and the production of metals that can be very polluting. Example with Bulgarian concentrates rich in arsenic and treated by a foundry of the Swiss Glencore group in CanadaPort of Trois-Rivières, halfway between Quebec City and Montreal, January 5, 2025. A 200-metre long bulk carrier flying the Portuguese flag, Helena G, mooring from Bulgaria, with on its edge the pyrite (a mineral res…

Forecast: in just one year Glencore shares could turn £10,000 into…

My Glencore (LSE: GLEN) shares are pants. No, I’ll rephrase that. They’re absolute pants. The mining giant has fallen 44% over the last 12 months, making it the worst-performing stock on the entire FTSE 100 in that time. That’s blown a big hole in my self-invested personal pension (SIPP), and my confidence as a stock-picker. Even the dividends haven’t softened the blow. Commodity stocks like Glencore have been hit by slowing demand from China, w…