Glencore Xstrata Second-Quarter Copper Production Gains 22%
This article is for subscribers only.
Glencore Xstrata Plc, the mining company created in a $29 billion deal three months ago, said second-quarter copper output increased 22 percent after it boosted production from mines in Africa.
Output was 351,600 metric tons in the three months ended June, Baar, Switzerland-based Glencore said today in an e-mailed statement. The figures include operations acquired from Xstrata Plc. Output of zinc in the period fell 6.4 percent from a year ago, lead dropped 18 percent and nickel declined 0.3 percent.