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Glencore: Production of nickel was 20,900 tons in 2023 Q1
Recently, Glencore announced its Q1 report.
Q1 nickel production decreased 9,800 tons year-on-year to 20,900 tons, down 32%; Q1 ferrochrome production increased 13,000 tons year-on-year to 400,000 tons, or 3%. But full-year production guidance of nickel and ferrochrome is unchanged from that presented at Glencore's investor presentation in December 2022, respectively 107,000 to 117,000 tons and 1.28 to 1.34 million tons.
(Production data from Glencore's "First Quarter Production Report 2023")
Production from own sources – Total | ||||
Q1 2023 | Q1 2022 | Change % | ||
Copper | kt | 244.1 | 257.8 | -5 |
Cobalt | kt | 10.5 | 9.7 | 8 |
Zinc | kt | 205.3 | 241.5 | -15 |
Lead | kt | 39.3 | 46.8 | -16 |
Nickel | kt | 20.9 | 30.7 | -32 |
Gold | koz | 187 | 189 | -1 |
Silver | koz | 4525 | 6,515 | -31 |
Ferrochrome | kt | 400 | 387 | 3 |
Coal | mt | 26.9 | 28.5 | -6 |
Production guidance | ||||||
Actual FY 2022 | Previous guidance 2023 | Current guidance 2023 | 2023 weighting H1 | H2 | ||
Copper | kt | 1,058 | 1,040 ± 30 | 1,040 ± 30 | 48% | 52% |
Cobalt | kt | 43.8 | 38 ± 5 | 38 ± 5 | 51% | 49% |
Zinc | kt | 939 | 950 ± 30 | 950 ± 30 | 45% | 55% |
Nickel | kt | 108 | 112 ± 5 | 112 ± 5 | 45% | 55% |
Ferrochrome | kt | 1,488 | 1,310 ± 30 | 1,310 ± 30 | 54% | 46% |
Coal | mt | 110 | 110 ± 5 | 110 ± 5 | 49% | 51% |
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- [Editor:邢亚敏]
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