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Glencore Xstrata’s copper production up

Keywords: Tags  Glencore Xstrata, copper, nickel, ferrochrome, metals production, Claire Hack

LONDON — Glencore Xstrata Plc’s copper output from its mines rose 23 percent year on year for January through September on increased production in Africa and Chile.

Company-sourced copper production totaled 1.07 million tonnes through September, including a 37-percent year-on-year increase at its African operations to 276,700 tonnes and a 43-percent gain at Collahuasi, in Chile, to 130,800 tonnes, the Baar, Switzerland-based company said Oct. 31.

Including third-party sources, production totaled 1.89 million tonnes.

Zinc production from company sources fell 6 percent year on year to 1.06 million tonnes following production declines at Brunswick and Perseverance in Canada as the mines reached the end of their lives.

Zinc in concentrates from company-sourced production at Brunswick fell 64 percent year on year to 52,000 tonnes and dropped 44 percent at Perseverance to 54,500 tonnes.

Lead production from company sources was down 2 percent to 233,900 tonnes for the nine-month period, also linked to the production declines at Brunswick and Perseverance.

Company-sourced nickel production for the period was 75,600 tonnes, more or less flat compared with the first nine months of 2012.

The Australian nickel assets produced 32,500 tonnes of nickel from company sources, down 4 percent year on year. The decline was offset by a strong performance from Murrin Murrin, the company said, which has seen a record production year so far.

Ferrochrome production from company sources rose 37 percent to 893,000 tonnes through September, thanks to higher capacity utilization at the company’s smelters and better operating results from the furnaces.

A version of this article was first published in AMM sister publication Metal Bulletin.

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