Glencore Copper Output Falls but Zinc Production Grows in 2015

SHANGHAI, Feb. 18 (SMM) - Glencore’s 2015 annual report shows copper output produced with its own resources fell 3% to 1.50 million tonnes in 2015, as a result of suspension at Katanga mine and big output cut at Mopani copper mine, aastocks.com reports.

Its zinc production produced with its own raw material rose 4% to 1.45 million tonnes in 2015, and nickel production fell 5% to 96,200 tonnes.

Glencore aims to produce 1.39 million tonnes of copper in 2016, down 7.5% from 2015. Zinc output target is set at 1.10 million tonnes, a drop of 24.2% year-on-year. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.