UNDERGROUND

Glencore's energy division records US$846M earnings despite COVID-19 effect

GLENCORE's coal production of 58.1 million tonnes for H1 2020 was 10.1Mt or 15% lower than H1 2019, mainly reflecting the COVID-19 related asset suspensions in Colombia.

 Glencore's Oaky Creek mine in Queensland.

Glencore's Oaky Creek mine in Queensland.

However, the company's energy products division managed to record earnings of US$846 million for the half. Revenue for the energy division - which includes coal and oil - for the six months to June...

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