BRIEF-Glencore Says African Copper Business Did Not Meet Expectations in HY [Reuters]
GLENCORE PLC UNSP/ADR (GLNCY)
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Source: Reuters
BRIEF-Glencore Says African Copper Business Did Not Meet Expectations in HY - Reuters 2 Min Read July 31 (Reuters) - Glencore PLC: * GLENCORE PLC - 2019 HALF-YEAR PRODUCTION REPORT * GLENCORE - HY OWN SOURCED COPPER PRODUCTION OF 663,000 TONNES WAS 33,200 TONNES (5%) LOWER THAN H1 2018 * GLENCORE - HY OWN SOURCED COBALT PRODUCTION OF 21,300 TONNES WAS 4,600 TONNES (28%) HIGHER THAN H1 2018 * GLENCORE - HY OWN SOURCED ZINC PRODUCTION OF 535,900 TONNES WAS 37,700 TONNES (8%) HIGHER THAN H1 2018 * GLENCORE - AFRICAN COPPER BUSINESS DID NOT MEET EXPECTED OPERATIONAL PERFORMANCE * GLENCORE - HY OWN SOURCED NICKEL PRODUCTION OF 55,400 TONNES WAS 6,800 TONNES (11%) LOWER THAN H1 2018 * GLENCORE - HY COAL PRODUCTION OF 68.2 MILLION TONNES WAS 6.2 MILLION TONNES (10%) HIGHER THAN IN H1 2018 * GLENCORE - HY OIL ENTITLEMENT INTEREST PRODUCTION OF 2.2 MILLION BARRELS WAS BROADLY IN LINE WITH H1 2018 * GLENCORE - SEES FY COPPER – EXCLUDING. AFRICAN COPPER PRODUCTION 1,025 ± 25 KT * GLENCORE - SEES
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