Glencore coal production plunges 24%

GLENCORE’S annual coal production of 106.2 million tonnes was 33.3Mt or 24% lower than in 2019, reflecting the impacts of the pandemic and market-related supply reductions in Australia in H2 2020.

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Glencore coal production plunges 24% Glencore coal production plunges 24% Glencore coal production plunges 24% Glencore coal production plunges 24% Glencore coal production plunges 24%

Underground at Glencore's Oaky Creek mine in Queensland.

However, the company is forecasting an increase of production in 2021 to 113Mt.

Glencore CEO Ivan Glasenberg said the company's mining assets performed well in difficult circumstances during 2020.