Glencore Met Guidance, Backs Outlook
By
Joseph Hoppe
Glencore PLC said Friday that first-quarter production largely met its expectations, with declines across copper, zinc, nickel and coal, and backed its full-year guidance.
The FTSE 100-listed commodity mining and trading company said copper production declined 5% to 244,100 tons, largely due to planned lower grades in line with a pit phasing and delays associated with adverse weather.
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Source: https://www.wsj.com/articles/glencore-1q-met-guidance-backs-full-year-outlook-3c5fda7f