Glencore overhauls embattled Canadian smelters as margins plunge
The company’s copper plants in Quebec — as well as several recycling sites in the US — will be absorbed into the miner’s global zinc smelting division.
BMI has made a downward revision to its average zinc price forecast for 2023. According to BMI, a unit of Fitch Solutions, the revised forecast now stands at $2,550/tonne, down from the initial projection of $3,000/tonne. The adjustment implies an...
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