Glencore is the world's biggest miner and trader of zinc
- Announced earlier today it is to cut annual productionby more than a third
- Affects Australian sites, and to result in the loss of 1600 jobs across the world, many in Australia
Also more at Australian Financial Review, which may be gated but is often not.:
- temporarily reducing its zinc production
- cuts in Australia are expected to result in the loss of 535 jobs
- Glencore would not say for how long it expected the cuts to be in place