---
title: "Weekly Recap: Debt down to $10.2B and US$0.085/share payout"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295360672.md"
description: "Glencore reduced net debt to $10.2B with $14B liquidity and set 2026 EBITDA guidance at ~$19.7B. The company announced a $0.085/share dividend from reserves, booked an immaterial provision for Radiant World exposure while pausing new business there, and noted that a merger with Rio Tinto is now unlikely due to high premiums."
datetime: "2026-08-10T05:15:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295360672.md)
  - [en](https://longbridge.com/en/news/295360672.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295360672.md)
generator: "portal-rs"
---

# Weekly Recap: Debt down to $10.2B and US$0.085/share payout

Glencore plc (LSE:GLEN) trimmed net debt to $10.2B with $14.0B liquidity and 2026 EBITDA guidance around $19.7B, will pay $0.085/share from reserves, flagged an immaterial provision over Radiant World exposure and paused new business while a big Rio Tinto tie-up looks unlikely now.

**Previous Week Recap**

-   **Glencore Net Debt Decline; 2026 EBITDA Guidance**: Glencore (GLEN) cut headline net debt to $10.2B, down $1.0B, with $14.0B committed liquidity. 2026 guidance shows illustrative adjusted EBITDA ~ $19.7B based on current prices and H2 volume lift. London Stock Exchange
-   **Glencore To Pay $0.085 Per Share**: Glencore (GLEN) to pay $0.085 per share (~$1bn) from capital reserves, payable in USD (currency options for Jersey/HK holders); South African register paid in ZAR. SA demat blackout 26–28 Aug 2026. London Stock Exchange
-   **Glencore Contingent Liability; Radiant World Exposure**: Glencore (GLEN) booked a provision tied to exposure to iron‑ore trader Radiant World, called the exposure immaterial to its finances, and paused new business while assessing existing contracts. 2 sources
-   **Rio Tinto‑Glencore Merger Prospects Dented**: Jefferies says a big Rio Tinto‑Glencore (GLEN) merger is unlikely now due to high premiums and expiring negotiation limits; deal prospects may return if markets weaken. Dow Jones Newswires

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.

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## Related News & Research

- [Radiant World sues Glencore for $2 billion, Bloomberg News reports](https://longbridge.com/en/news/299082649.md)
- [Glencore To Contest Substantial Claims Alleged By Radiant World & Sapphire Minmetals](https://longbridge.com/en/news/299073190.md)
- [ORN: Staged copper-zinc mine revivals, Glencore funding, and exploration drive low-cost growth](https://longbridge.com/en/news/298582935.md)
- [Glencore, Mercuria among firms pursuing Venezuela aluminium smelter deal, Bloomberg News reports](https://longbridge.com/en/news/298755261.md)
- [Rio Tinto to Buy Australian Bauxite Project From Glencore, Mitsubishi](https://longbridge.com/en/news/298265206.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**