Glencore’s nickel output up 21% in Q1, in line with 2018 target

Glencore posted a 21% or 5,100 tonnes year-on-year increase in nickel production in the first three months of 2018, in line with its annual guidance of 127,000-137,000 tonnes.

According to the company’s first-quarter production report, published on Thursday May 3, Glencore produced 30,100 tonnes of its own nickel metal in January-March, up from 24,900 tonnes in the corresponding period in 2017.

The miner attributed the rise primarily to both production lines being operational at its Koniambo operations and a stronger performance at its...

Published

Violet Li

May 04, 2018

11:22 GMT

Shanghai