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Glencore to halt operations at two Australian coal mines due to cyclone
March 27, 2017 / 4:25 AM / 6 months ago

Glencore to halt operations at two Australian coal mines due to cyclone

FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, November 20, 2012. REUTERS/Arnd Wiegmann/File Photo

MELBOURNE (Reuters) - Glencore (GLEN.L) said on Monday it was halting operations at its Collinsville and Newlands coal mines in Australia ahead of Cyclone Debbie’s arrival in northern Queensland on Tuesday.

“We are preparing to temporarily suspend production at our Collinsville and Newlands coal mines but do not envisage any impact on our annual production forecasts,” Glencore, one of Australia’s top thermal coal producers, said in an emailed statement.

It said operations were continuing as normal at its Oaky Creek, Clermont and Rolleston coal mines, Mount Isa copper and zinc operations, and Ernest Henry Mining copper complex.

Reporting by Sonali Paul; Editing by Tom Hogue

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