International commodities producer and trader Glencore has announced that in the first half of the current year its coking coal output from Australian operations amounted to 2.9 million mt, falling 28 percent compared to the first half of the previous year. The company said that the decrease in output relates to cost reduction initiatives, which led to mine plan changes at Newlands, Oaky Creek and Collinsville.
During the first half, Glencore's nickel production was 49,100 mt, declining by eight percent year on year, due to ongoing maintenance work on the company's XNA mine in Australia and Falcondo mine in Dominican Republic.
Source:
http://www.steelorbis.com/steel-news/latest-news/glencores-coking-coal-output-down-28-percent-in-h1-841733.htm
