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Glencore's Steelmaking Coal Production Jumps But Gold, Copper Output Falls

Glencore's Steelmaking Coal Production Jumps But Gold, Copper Output Falls

Glencore's GLEN -0.59%decrease; red down pointing triangle steelmaking coal production in the first half soared following the integration of Elk Valley Resources, but copper and gold output fell.
The Anglo-Swiss commodity mining and trading company produced 15.7 million metric tons of steelmaking coal in the first half of the year, more than quadruple the 3.4 million tons it produced in the same period of last year. This follows the integration of Elk Valley Resources business, which it acquired in July 2024, it said.
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