Glencore Copper Output Slide in First Quarter, Leaves Target untouched in 2017

SHANGHAI, May 5 (SMM) - Glencore’s copper production slid 3% in the first quarter of 2017 to 324,000 tonnes, according to its Q1 earnings report.

Production at its Alumbrera mines dropped remarkably affected by ore grade.

Growth at Mutanda and Antamina was constrained by the adverse weather.

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The company leaves its copper output target at 1.35 million tonnes for 2017.

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