Glencore reports lower metals production in 2024
The company produced 951,600 tonnes of copper in 2024, down 6% from 1.01 million tonnes in 2023.
Miner Anglo American said on Wednesday it had completed the sale of its 33.3% stake in Jellinbah Group to Zashvin Pty Ltd for total cash proceeds reaching A$1.6 billion (nearly $1 billion).
The agreement for the stake sale in Jellinbah, a joint venture in Australia, was announced in November and was previously expected to be completed by the second quarter of 2025, the company said.
($1 = 1.6026 Australian dollars)
(By Chandini Monnappa; Editing by Savio D’Souza)
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