GLNCY - Commodity Trader And Miner Glencore Posts Weak 9M Production Cuts FY23 Nickel Production Outlook | Benzinga
Glencore PLC (OTC: GLCNF) provided production updates for the nine months ended FY23.
The commodity trader and miner reported its own sourced copper production of 735,800 tonnes in year-to-date FY23, down 5% Y/Y, due to the sale of Cobar in June 2023 and lower copper by-product production outside the Copper department.
Its own sourced zinc production fell 4% Y/Y to 672,100 tonnes owing to 2022 disposals of South American zinc operations and the closure of Matagami operations.
The company's own-sourced nickel production was down 16% Y/Y to 68,400 tonnes due to ...