The coronavirus pandemic has prompted global diversified mining and marketing company Glencore to defer its proposed $2.6-billion distribution of cash and reinforce its $10.1- billion liquidity through the refinancing and extension of revolving credit facilities on the same commercial terms as its 2019 facilities. The London- and Johannesburg-listed company said on Tuesday that with COVID-19 having generated exceptional social and financial impacts around the world, the company’s first priority remained health and wellbeing of its people, their families and communities.
