Glencore targets secondary listing in Australia as London loses mining shine

Glencore will launch a secondary listing in Australia in the latest blow to London’s ailing stock market as miners continue to eye opportunities away from the UK. The mining and trading juggernaut, which is among the largest companies on the FTSE 100 boasting a market cap of £64.4bn, is pursuing the listing following i

Glencore has confirmed it is targeting a secondary listing in Australia, in the latest sign that London is losing its appeal to big-name miners.

Glencore plans Sydney listing in blow to London stock exchange  The Times

Miner has long complained its London shares are undervalued