Glencore Electric Thinking!

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Glencore Electric Thinking!

Glencore PLC (GLEN) – reported half-year earnings climbing 68% today (see report here) and their comments about their future and the future of electric vehicles and energy storage attracted my attention.

The company plans to benefit from the large scale roll out of electric vehicles and energy storage with the increased demand for commodities such as: copper, cobalt, zinc and nickel.

As mentioned in some of my earlier posts – the electric vehicle revolution is of interest to me and maybe this is a way I can easily invest in the mainstream arrival of electrical vehicles and storage systems. I’ll check it out and let you know.

Always do your research first before investing!

Link to Glencore PLC latest accounts data.

Glencore PLC share price was slightly down at: 333.2p at 13:50 on: 10/08/17

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