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Moody's changes outlook on Glencore's ratings to positive from stable

By:  
Features Deputy Editor
 
DIVERSIFIED MINER
Moody's Investors Service has assigned Glencore a ‘Baa2’ long-term issuer rating with a positive outlook. Moody’s says Glencore's improved credit profile was driven by higher commodity prices and consistently low production costs. 
 
 
 
 
 

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