Glencore Backed Radiant World With Warrants Deal in Late 2025

Glencore Plc acquired warrants in late 2025 that would have provided it with a minority ownership stake in Radiant World, an iron ore trading company. The deal occurred while Radiant World faced significant pressure over allegations that it provided falsified documents to banks. This investment signals Glencore's interest in the iron ore trading sector despite the reputational and legal risks associated with Radiant World's document fraud concerns.