The document is a financial analysis by Deutsche Bank on Glencore, highlighting strong organic growth from the return of suspended capacity, particularly in zinc and copper production. It discusses Glencore's strategic positioning in the copper market, its exposure to base metals, and its potential as a structural winner in the shift to electric vehicles (EVs). The analysis includes forecasts for copper prices and volume growth, and presents a valuation of Glencore's financial performance.
doj/DataSet10/EFTA01385524.pdf
{"title":"Deutsche Bank Research on Glencore","key_people":["Liam Fitzpatrick"],"document_date":"2018","document_type":"tabular","key_locations":["DRC","Zambia"],"document_subtype":"financial analysis","key_organizations":["Deutsche Bank","Glencore"],"reference_numbers":["EFTA01385524","DB-SDNY-0086810","SDNY_GM_00232994"]}