Mining News

Glencore lowers full-year coal, nickel output guidance

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Diversified miner Glencore expects to meet the $3.2-billion top end of its full-year earnings before interest and taxes guidance owing to a strong performance from the company’s marketing business.

This was despite the company reporting only modest increases year-on-year in copper production, to 598 000 t, and cobalt production, to 14 800 t, in the six months ended June 30.

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