BASE METALS

Glencore offsets coal struggles with strong base metals showing

Glencore balanced out a weak performance from its pandemic-hit coal division in the December quarter with a steady showing in base metals.

Glencore's coal division struggled in Q4

Glencore's coal division struggled in Q4

Coal production amounted to 22.1 million tonnes in Q4, down 36% year-on-year and down 11% versus Q3. The company said the drop was due to halted or reduced work in Colombia and South Africa, "plus market-related...

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