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Glencore tempers expectations after weak Q1 showing

Numerous mine outages saw Glencore post weak production figures for the March quarter and forced the Swiss-headquartered firm to lower production guidance across all commodities as well as trim capex for 2020.

Glencore tempers expectations after weak Q1 showing Glencore tempers expectations after weak Q1 showing Glencore tempers expectations after weak Q1 showing Glencore tempers expectations after weak Q1 showing Glencore tempers expectations after weak Q1 showing

Glencore's Mopani asset in Zambia

Copper production fell by 9% year on year in Q1 to 293,000t, with volumes from the company's African assets down 29% year on year.

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