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Glencore expands production with acquisitions

GLENCORE’s coal production of 96.7 million tonnes for the first three quarters of 2018 was 5.7Mt or 6% higher than the comparable 2017 period, reflecting the acquisition of interests in the Hunter Valley Operations and Hail Creek mines in Australia in May and August respectively.

Lou Caruana
Glencore's Ulan mine in NSW.

Glencore's Ulan mine in NSW.

The company also benefited from the recovery in Australia from weather-related disruption and industrial action that occurred in 2017.     The calmer industrial environment in 2018 allowed Glencore...

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