Here’s why you should consider investing in Glencore

Fifteen years ago, commodity trading giant Glencore was at its lowest ebb. But it has turned its fortunes around, and its future has rarely looked brighter, says Rupert Hargreaves.

Stacker-reclaimers and stockpiles of coal at the Newcastle Coal Terminal
Glencore is to ramp up coal output by 20% to capitalise on booming demand. 
(Image credit: © Brendon Thorne/Bloomberg via Getty Images)

In 2015, the Glencore (LSE: GLEN) share price plunged as the City began to question the company’s very survival.

A sudden slump in commodity prices had caught the group off guard, at a time when it was also carrying a lot of debt. Easy access to finance is vital for commodity traders such as Glencore, and as confidence evaporated, investors started to wonder if creditors would pull the plug.

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Rupert Hargreaves
Contributor and former deputy digital editor of MoneyWeek

Rupert is the former deputy digital editor of MoneyWeek. He's an active investor and has always been fascinated by the world of business and investing. His style has been heavily influenced by US investors Warren Buffett and Philip Carret. He is always looking for high-quality growth opportunities trading at a reasonable price, preferring cash generative businesses with strong balance sheets over blue-sky growth stocks.

Rupert has written for many UK and international publications including the Motley Fool, Gurufocus and ValueWalk, aimed at a range of readers; from the first timers to experienced high-net-worth individuals. Rupert has also founded and managed several businesses, including the New York-based hedge fund newsletter, Hidden Value Stocks. He has written over 20 ebooks and appeared as an expert commentator on the BBC World Service.