NavigatIIR: Global Metals Miner Glencore Plans $5 Billion Capex in 2021

SUGAR LAND--December 22, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--Mining major Glencore plc (Baar, Switzerland) is keeping its planned capital expenditures (capex) in check through 2023 as it deals with the COVID-19-induced recession. Even so, Glencore's outgoing chief executive officer says the industry has its work cut out for it over the next several years, as demand increases for copper, cobalt, nickel and zinc to meet the needs of a low-carbon-emissions world.

Within this article: Glencore's capital outlook for 2021.