Author: Abhishek Bhalla
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Glencore’s base metals production declines in H1CY22
Glencore recently announced production results for H1CY22. Copper production dropped by 15% y-o-y. Zinc production was down by 17% y-o-y Lead output was lower by 19% compared to H1CY21. Nickel production, however, drifted up by 21% y-o-y. Production figures were down owing to Covid-19 related absenteeism and a change in mining sequence.