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Glencore, the world's largest mining company, cut its full-year forecast for lead and coal production, while copper production rose 8% year-on-year in the first half of the year and cobalt production increased 31%
as business in Congo grew.
Glencore lowers full-year lead and coal production forecasts by 5% and 1%, respectively
The full-year lead production forecast was lowered by 5% and coal by 1%.
Glencore plans to provide more details
when it announces first-half results next week.
Credit Suisse analysts said in a note that most of Glencore's businesses were broadly in line with expectations and reiterated that it outperformed the rating
.
，
Glencore, the world's largest mining company, cut its full-year forecast for lead and coal production, while copper production rose 8% year-on-year in the first half of the year and cobalt production increased 31%
as business in Congo grew.
Glencore lowers full-year lead and coal production forecasts by 5% and 1%, respectively
Glencore lowers full-year lead and coal production forecasts by 5% and 1%, respectivelyThe full-year lead production forecast was lowered by 5% and coal by 1%.
Glencore plans to provide more details
when it announces first-half results next week.
Credit Suisse analysts said in a note that most of Glencore's businesses were broadly in line with expectations and reiterated that it outperformed the rating
.
，
