Glencore’s 2020 output hit by Congo mine closure, sticks to targets By Reuters

LONDON (Reuters) – Glencore (LON:GLEN) said on Wednesday output of copper and cobalt production fell in 2020 after the closure of its Mutanda mine in Democratic Republic of Congo mine but said the ramp up of another mine in the country was progressing well.

The London-listed company, which also mines coal, nickel, silver and zinc, said copper production fell 8% to 1.26 million tonnes in 2020 compared to a year earlier, while cobalt production dropped 41% to 27,400 tonnes.