Glencore is doubling down on a cost-cutting drive at its Canadian copper and zinc plants in a further overhaul of its global ...

Copper futures on New York’s Comex exchange surged to a record as traders price in the possibility of hefty import tariffs on ...

Glencore Plc is doubling down on a cost-cutting drive at its Canadian copper and zinc plants following job cuts last year, in ...

Cycle’s biggest debt holders and has helped keep the company afloat amid doubts about the struggling firm’s future ...

"Our smelting and refining business continues to be under a high level of economic pressure," Glencore head of zinc Suresh Vadnagra said.

Copper futures on New York’s Comex exchange surged to a record as traders price in the possibility that US President Donald ...

Glencore has already written down the value of several smelters and mothballed a copper plant in the Philippines, and is now pursuing major cost cuts at its assets in Canada.

Glencore’s Canadian smelting assets comprise of Horne copper smelter in northern Quebec as well as Canadian Copper Refinery east of Montreal and CEZinc in southern Quebec. The operations collectively ...