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Strong copper showing offsets Glencore's coal issues

Industrial action and weaker demand saw Glencore’s pare back coal production in the September quarter, while copper volumes continued to rise thanks to the ongoing ramp up of its Katanga asset in the DRC.

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A copper production casting wheel at Glencore's Altonorte asset in Chile

A copper production casting wheel at Glencore's Altonorte asset in Chile

Glencore's coal production fell 20% year-on-year in Q3 to 83.5 million tonnes, a fall the company blamed on "weak market conditions", COVID-related disruptions plus strikes at Cerrejon - the open-pit coal...

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