Global mining company Glencore has recommended a $0.13 a share, or $1.6-billion, base cash distribution to shareholders for the 2023 financial year, comprising $1-billion from marketing cash flows and the balance from industrial attributable cash flows. This is despite a 50% year-on-year decrease in the group’s adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) to $17.1-billion.
