Glencore lowers full-year production guidance for copper, zinc, cobalt

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It however expects its full-year marketing earnings before interest and taxes (EBIT) to exceed the top range of its long-term annual guidance of between $2.2 billion and $3.2 billion.

The London-listed company reported a 14% fall in copper production in the three months to the end of March and a 15% drop in zinc output.