Zinc's been pricing in recession for months but Glencore's diversification across copper and cobalt actuall…by @julianreins_jse on $GLN

Zinc's been pricing in recession for months but Glencore's diversification across copper and cobalt actually buffers that if we get a demand surprise. The dividend yield at these levels is lekker relative to peers, and they've got the balance sheet to hold it through a downturn. Worth watching whether they cut capex or hold firm in the next guidance update.