SteelMint

Author: Shastu

  • Glencore’s coal production up 6%, q-o-q, with Cerrejon acquisition

    Glencore’s coal production up 6%, q-o-q, with Cerrejon acquisition

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    Shastu
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    Multinational miner Glencore’s coal production increased by 6% q-o-q in Q1 2022 (Jan-Mar’22) to 28.5 mnt. Increase in production is attributed to acquisition of 66% stake in the Cerrejon thermal coal mine in Colombia in Jan’22. The mine was jointly owned by BHP and Anglo American previously. However, the company’s coking coal production decreased by…