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.
The Energy Information Administration (EIA) forecasts coal to remain the dominant fuel for power generation until 2035 despite projected strong increases in natural gas and renewable fuel use over the same period.
EIA’s revised Annual Energy Outlook, released last week, shows coal’s share of the market dropping to 43% in 2035 from 45% in 2009, but remaining the largest fuel source as gas use is forecast to rise to 25% from 23%.
