Glencore has confirmed it is targeting a secondary listing in Australia, in the latest sign that London is losing its appeal to big-name miners. Glencore is planning a secondary listing in Australia joining other large-cap minersBHP moved its primary listing to Australia in 2022 and retains a secondary listing in the City. Australia has grown to become a hotspot for large-cap miners, with its investor base considered supportive of the sector. The market also offers access to a highly sophisticated investor base with deep expertise in the global resources sector.’ The miner, which already has a secondary listing in Johannesburg, delisted from Hong Kong in 2018.