In the third quarter, Glencore, the Anglo-Swiss commodity miner, experienced a decline in production across all metals, except for gold and coal. Notably, nickel and ferrochrome saw double-digit drops. However, the company stated that its output of key metals, including copper, coal, and zinc, remained in line with expectations. Let's take a closer look at the … [Read more...] about Glencore’s Third Quarter Production Report
Glencore
Glencore Maintains Full-Year Guidance as Copper Production Slips
Glencore, the Anglo-Swiss commodity mining and trading company, has confirmed its full-year guidance despite a slight decline in copper production during the first half of the year. While there were decreases in zinc and nickel output, cobalt and gold production saw increases. Copper Production In the first half of the year, Glencore produced 488,000 metric tons of copper, … [Read more...] about Glencore Maintains Full-Year Guidance as Copper Production Slips