Glencore Cuts Zinc Output, Suspends Two Mines After Price Slide
08 Outubro 2015 - 8:42PM
Dow Jones News
By Rhiannon Hoyle
SYDNEY--Glencore PLC (GLEN.LN) said it would cut its annual zinc
production by roughly one-third, including suspending some
operations entirely, after a slide in metal prices.
The company said Friday it would shutter its Lady Loretta mine
in Australia and Iscaycruz in Peru, and expects to reduce its
annual output of zinc by 500,000 metric tons.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
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(END) Dow Jones Newswires
October 08, 2015 19:27 ET (23:27 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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