Tag: Glencore

Glencore coal output drops 16% in H1CY’21, lowers production guidance

Jul 30, 2021

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by

Rituparna Ghosh

in Non Coking

Mining giant Glencore’s coal production stood at 48.7 million tonnes (mn t) in H1CY’21 against 58.1 mn t in H1CY’20. This drop in output is majorly attributed to: Prodeco mine being under care and maintenance in the entire H1 period. Reduced demand for Australian coal from China. Reduced export rail capacity in South Africa. However,…