Glencore, a leading miner on the FTSE 100, has chosen to keep its stock market listing in London, opting not to shift to a U.S. exchange—a move that supports the London Stock Exchange. The company, which is based in Switzerland, concluded after a formal assessment that relocating its listing to a market like New York would not deliver sufficient benefits to its shareholders. In the first half of 2025, Glencore posted a net loss of $655 million (£492 million), nearly tripling its $233 million