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Trading is silver cloud for Glencore

A number of production outages saw Glencore post Q2 volumes that were down significantly year on year, although a strong showing from the company’s trading business gave investors something to cling to.

Tom Hoskyns
Glencore's Katanga Mining unit operates in the Democratic Republic of the Congo

Glencore's Katanga Mining unit operates in the Democratic Republic of the Congo

A solid operational performance at Katanga kept copper production stable quarter on quarter, but production of zinc (-14%), nickel (-4%), ferrochrome (-80%), and coal (-19%) reflected what CEO Ivan Glasenburg...

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