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Bloomberg reported that Glencore’s 2012 copper output rose 3.9 percent to 376,700 tons.
Bloomberg reported that Glencore’s 2012 copper output rose 3.9 percent to 376,700 tons.
As quoted in the market report:
Glencore is seeking to complete a $36 billion takeover of Xstrata Plc next month, adding coal, zinc, copper and nickel assets to create the world’s fourth-biggest mining company. The combined entity will have interests in about 35 coal mines in Colombia, Africa and Australia, and account for about 10 percent of global seaborne exports.
