Investing
Glencore’s Q1 copper output dips
© Reuters. FIILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, November 20, 2012. REUTERS/Arnd Wiegmann/File Photo
(Reuters) – Glencore (OTC:) reported a 5% fall in its production for the first quarter on Friday, owing to lower grades due to phasing of a pit at Collahuasi and delays associated with adverse weather conditions at Antamina.
The London-listed miner and trader said it produced 244,100 tonnes of copper in the quarter and kept its 2023 production outlook unchanged.
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