Glencore on Wednesday reiterated production guidance for 2023, despite a drop in copper and zinc production.
In terms of full-year 2022 production, the commodities giant said cobalt production from its own sources rose 40% to 43,800 tonnes, boosted by the restart of the Mutanda mine in the DRC, while nickel rose 5% 107,500 tons increase. Coal production increased by 6% to 110 million tons.
But copper production fell 12% to 1.06 million tons and zinc production fell 16% to 938,500…
