-+ 0.00%
-+ 0.00%
-+ 0.00%

Moody's Maintains Glencore's Rating on Solid Position, Diversification

MT Newswires·09/10/2026 00:12:15
Listen to the news
12:12 AM EDT, 09/10/2026 (MT Newswires) -- Moody's Ratings on Wednesday kept Glencore's (GLEN.L, GLN.JO) A3 issuer rating, with a stable outlook. The rating affirmation is backed by the commodity trading and mining company's position as one of the top diversified natural resource companies, its resilience to commodity price fluctuations, a strong balance sheet, and an extensive mining portfolio. Meanwhile, the stable outlook is based on the rating agency's expectation that the company will maintain solid credit metrics and a business profile that matches its rating even during an acquisition or divestment.