By Jaime Llinares Taboada
Glencore PLC on Wednesday reaffirmed guidance for 2022, and said its operations in 2021 performed in line with expectations.
The Anglo-Swiss commodity mining and trading company said guidance for this year remains unchanged from the investor update in December.
Glencore said its copper production fell 5% to 1.20 million metric tons last year, while production of cobalt rose 14%, zinc was down 4%, nickel declined 7% and ferrochrome increased 43%. Coal output dropped 3% to 103.3 million tons.
"Overall, our operations largely performed in line with guidance expectations," Chief Executive Gary Nagle said.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT
(END) Dow Jones Newswires
02-02-22 0225ET