Copper Wire Raw Materials and Metal Industry and Stock Market

FactoryTh/iStock via Getty Images

Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) shares are lower in London on Tuesday after lack of consensus estimates for fiscal 2023 production guidance for all of the commodities it mines.

Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) for a copper production of 1.04 million tonnes in 2023, down from 1.06Mt this year and below analyst consensus of 1.124Mt.

The company said copper production at its Katanga mine in the Democratic Republic of the Congo has been impacted by slope issues…

Source link