OTCPK:KATFF - Post by User
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Sogosohubidu201on Jul 31, 2019 10:26pm
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Glencore 2019 Half-Year Report - KAT Related
Glencore 2019 Half-Year Report - KAT Relatedhttps://www.glencore.com/dam/jcr:9a598e35-657b-4489-a445-dc221706c20d/GLEN_2019-HY_ProductionReport.pdf
Glencore Chief Executive Officer, Ivan Glasenberg: “....... However, our African copper business did not meet expected operational performance. We have moved to address the challenges at Katanga with several management changes as well as overseeing a detailed operational review, targeting multiple improvements to achieve consistent, cost-efficient production at design capacity.
.......Our African copper assets retain significant potential and will play a key role in the transition to a low carbon economy. We have developed detailed turnaround plans and I look forward to taking you through these plans along with our financial performance on 7 August.”