AI Summary

Glencore's financial performance has seen a significant turnaround in the first half of the year. The company's net income attributable to equity holders rose to $4.405 billion, a substantial increase from the loss of $655 million recorded in the same period last year. This improvement is largely attributed to the oil and copper price rallies and increased volatility in the market. Glencore's adjusted core earnings, or EBITDA, also saw a notable increase of 86% to $10.1 billion, while revenues surged by 49% to $174 billion.

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