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.
Cliffs Natural Resources announced Thursday it will reduce its outlook from 6.5 million tons of coal this year to 5.1 million tons, citing severe weather damage at its Oak Grove mine in Alabama and carbon monoxide hazards in its Pinnacle mine in West Virginia.
The company also said its newly acquired Bloom Lake operation will yield 4.8 million tons of iron ore concentrate this year.
