Mining giants BHP and Glencore both reported earnings on Tuesday, both announcing billions of U.S. dollars of payback to shareholders as energy and metals commodities rally. Glencore reported a net income attributable to equity holders of $5.0 billion for 2021, compared to a loss of $1.9 billion for 2020, amid “multi-year or record high prices for many of our commodities” last year. The high income allowed Glencore to announce a total of $4.0 billion of shareholder returns, including a recommended $3.4 billion ($0.26 per…
