GlencoreXstrata’s ferrochrome up 32%, African copper up 43%

JOHANNESBURG – LSE- and JSE-listed diversified miner GlencoreXstrata on Tuesday reported firm increases in its South African and African production of ferrochrome, copper and oil in the 12 months to December 31.

Production of ferrochrome from the company, headed by CEO Ivan Glasenberg, rose 32% to 1.2 million tons on better utilisation of smelters and furnaces and the successful commissioning of the Tswelopele pelletising plant in South Africa.

Read more at: http://www.miningweekly.com/article/glencorexstratas-ferrochrome-up-32-african-copper-up-43-2014-02-11

Leave a comment