GROWTH in its South African ferrochrome and coal operations were a highlight amid a mixed production performance for the March quarter reported by diversified global miner Glencore on Tuesday.Although prices for almost all commodities have continued to weaken, reflecting oversupply, expansion projects launched during the years of higher prices are only now coming on stream.Attributable ferrochrome production had risen 15% to 385,000 tonnes compared with the same quarter last year, as the Lion 2 expansion project started last April, Glencore said. Total coal production from SA, Australia and South America grew 4% to 35.6-million tonnes, driven by the commissioning of two new projects in SA.Glencore, which produces and markets more than 90 commodities, including agricultural produce, reported higher quarterly output of ferrochrome, nickel and zinc compared with a year ago but lower output of copper, cobalt, lead and platinum group metals (PGMs).The lower PGMs’ production reflected poo...
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