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Glencore to restart Lady Loretta mine


Glencore will add 100,000 tonnes of zinc to the 2018 market when it restarts its mothballed Lady Loretta mine in the first half of this year, bringing material back after a two-year pause.

Part of the Mount Isa complex in Australia, the 160,000 tonnes per year capacity Lady Loretta is expected to add 100,000 tonnes in 2018 while an extra 60,000 will come in later years, chief executive officer Ivan Glasenberg said in an investor earnings call.

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