Glencore cuts 2023 nickel, ferrochrome targets as most Q3 output drops on year
November 6, 2023 Comments Off
Glencore PLC reduced its 2023 production targets for nickel and ferrochrome while reporting year-on-year declines in output for five of its nine metal products in the third quarter. Quarterly nickel output fell 8% year on year to 22,000 mt, prompting the company to cut its 2023 nickel production guidance by 9% to about 102,000 mt, the Switzerland-based mining and commodities…
Glencore cuts 2023 nickel, ferrochrome targets as most Q3 output drops on year
Glencore PLC reduced its 2023 production targets for nickel and ferrochrome while reporting year-on-year declines in output for five of its nine metal products in the third quarter. Quarterly nickel output fell 8% year on year to 22,000 mt, prompting the company to cut its 2023 nickel production guidance by 9% to about 102,000 mt, the Switzerland-based mining and commodities…
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