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Glencore Took $480 Million Provision on Radiant World Exposure

Bloomberg
Bloomberg
by Jack Farchy, Thomas Biesheuvel and Mark Burton
Aug 29, 2026 · 9:24 PM
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Glencore Took $480 Million Provision on Radiant World Exposure
Glencore Plc took a provision of about $480 million on its exposure to Radiant World, the iron ore trader that is under pressure amid concerns it provided falsified documents to banks, according to people familiar with the matter.
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