Currently viewing Global edition

Glencore has nose ahead after 2016

Glencore (LN:GLEN) confirmed expected drops in coal and copper production in 2016 compared to the previous year but the year will still be a strong earner for the company.

Glencore has nose ahead after 2016 Glencore has nose ahead after 2016 Glencore has nose ahead after 2016 Glencore has nose ahead after 2016 Glencore has nose ahead after 2016

Glencore's nickel stockpiles boosted its 2016 numbers

Year-on-year, copper and all coal were down around 5% each to 1.43 million tonnes and 124.9Mt respectively.The copper drop came from works at Mutanda causing a 40% drop year-on-year to 254,400 tonnes.