Glencore year-to-date copper, nickel production falls

Switzerland-based commodity trading and mining company Glencore recorded a year-to-date decrease in copper and nickel production for the third quarter of 2019, while zinc production increased.

Copper and nickel production for the first nine months of 2019 fell by 4% and 2% respectively compared with the corresponding period of 2018, while zinc output increased by 3% over the same period.
Glencore’s aggregate copper production was 1.02 million tonnes for the year-to-date compared with 1.06 million tonnes in the first three quarters of 2018.

The 4% decrease was attributed to revised production guidance at the company’s Mutanda mine in the...

Published

Amy Hinton

October 25, 2019

14:58 GMT

London