Glencore’s 2022 cobalt production up, along with oil, nickel, ferrochrome – by Martin Creamer (MiningWeekly – February 1, 2023)

JOHANNESBURG ( – Mining and marketing company Glencore produced 40% more cobalt last year, along with 16% more oil, 5% more nickel and 1% more ferrochrome.

Although coal production of 110-million tonnes was 6.7-million tonnes higher, on a like-for-like basis, overall group coal production fell by 7%, primarily owing to wet weather challenges and an extended community blockade in Colombia, where Glencore now owns 100% of Cerrejón.

Following the restart of the Mutanda mine in the Democratic Republic of Congo (DRC), the London- and Johannesburg-listed company last year produced 43 800 t of cobalt, 12 500 t more than in 2021.

Entitlement interest oil production of 6.1-million barrels of oil equivalent was 0.9-million barrels higher than 2021 on a full year’s production from the Alen gas project in Equatorial Guinea.

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