Glencore closes some operations to curb COVID-19 outbreak

March 26, 2020

In an effort to curb the spread of the COVID-19, the coronavirus, Glencore PLC halted operations at a number of smaller mines due to government restrictions. The company added its larger operations were not materially impacted.

Among the mines that have been effected are coal and ferroalloys operations in South Africa and Colombia, as well as nickel and zinc mines in Canada. The company said it would also shutter its oil operations in Chad, Reuters reported.

“To date, our larger operations have not been materially impacted, however a number of our smaller assets have had to restrict or stop operations,” the miner said in a statement.

Glencore joins other mining companies such as Anglo American, Antofagasta, Codelco and Teck Resources in temporarily closing or slowing some operations, hitting global supply of commodities.

To slow the spread of the virus, South Africa and Colombia installed nation-wide quarantines this week that will run until mid-April, while Quebec province in Canada ordered non-essential businesses to close.

 

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