(Adds detail throughout, CEO quote in paragraph 4)
LONDON, Aug 8 (Reuters) - Commodities and mining group Glencore GLEN.L on Tuesday said it remains on the hunt for acquisitions, including a possible partial or full takeover of Canada's Teck Resources, after reporting a halving in earnings in the first six months of the year.
Glencore joined rival miners Rio Tinto RIO.L (RIO) , Teck Resources TECKb.TO and Anglo American AAL.L in reporting lower profit, as economic growth, including in major consumer China, remained lacklustre.
Glencore's adjusted core earnings, or earnings before interest, tax, depreciation and amortisation (EBITDA), fell to $9.39 billion in the six months through June, from $18.92 billion a year earlier. Analysts at Deutsche Bank had expected half-year earnings of $9.9 billion, while Citi's estimate was $11.4 billion.
"As the world moves towards a low-carbon economy, we remain focused on supporting the energy needs of today whilst investing in our transition metals portfolio," CEO Gary Nagle said.
The company announced additional returns of around $2.2 billion, lifting total announced shareholder payouts this year to $9.3 billion, and said that its divestment of agricultural business Viterra and subsequent merger with U.S. giant Bunge is expected to close in the middle of 2024.
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(Adds detail throughout, CEO quote in paragraph 4) LONDON, Aug...
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