Glencore targets secondary listing in Australia as London loses mining shineGlencore posted knockout earnings in the first half of 2026Glencore will launch a secondary listing in Australia in the latest blow to London’s ailing stock market as miners continue to eye opportunities away from the UK. The London Stock Exchange lost out on the primary listing of BHP in 2022, when the Australian mining giant switched to its domestic market. It has obtained its secondary listing in London. Russ Mould, investment director at AJ Bell, said: “The mining sector was one area where the UK market enjoyed healthy representation, but Glencore’s announcement it will seek a secondary listing in Australia will raise fears this position could be further chipped away.” But Anglo American, which is in the process of merging with Canadian miner Teck for $53bn (£39.3bn), has opted to keep its primary listing in the UK, while having its secondary listing in Toronto.