Tag «Glencore/Xstrata»

GlencoreXstrata :Production Report for the 12 months ended 31 December 2013

Following   completion  of  the  GlencoreXstrata  merger  on  2  May  2013, production  information  for  all  periods  covered in this report has been presented on a combined basis. Key Highlights:     – Total own sourced copper production up 26% to 1.5 million tonnes in 2013,  driven  by  strong  growth  in  African  copper,  Collahuasi, Antapaccay and Ernest Henry:           o African copper up 43% to 398,600 tonnes, as the key expansion projects,  Katanga  and Mutanda, successfully grow production, both reaching 200,000 tonnes p.a. …

EUROFER: Concerns about Glencore/Xstrata remain

EUROFER criticizes the European Commission’s approval of the Glencore/Xstrata merger. Remedies addressing zinc supplies, the European Steel Association says, are not sufficient to shield the European market from the dominant influence of one supplier. The European steel industry, which uses the lion’s share of zinc metal traded in Europe, will still have to face a …