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Glencore's 2015 Australian production cuts - what do they really mean?

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Report summary

Glencore's February 26 announcement of a 15 million tonne cut to its 2015 Australian coal production has generated speculation and considerable confusion as to how much coal is actually coming out of the market. Our analysis is that Glencore's production cuts will have only a minor impact on supply in comparison to 2014 levels.

What's included

This report contains

  • Document

    Glencore's 2015 Australian production cuts - what do they really mean?

    PDF 277.23 KB

Table of contents

  • Executive summary
  • Background and assumptions
  • Glencore's strategic rationale

Tables and charts

This report includes 2 images and tables including:

Tables

  • Production breakdown by operation (controlled or 100% ownership basis)

Images

  • Estimated production impact (controlled or 100% ownership basis)

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