NEWS RELEASE

Baar, 5 May 2015

First Quarter 2015 Production Report

Highlights:

• Own sourced copper production down 9% to 350,700 tonnes, reflecting grade reductions at Alumbrera and Antamina due to mine sequencing and a planned maintenance shutdown at Collahuasi.
• Own sourced zinc production up 16% to 356,200 tonnes, driven by the expansions at Lady Loretta (Mount Isa) and McArthur River. Some temporary plant downtime at McArthur River and lower grades at Kazzinc, Matagami and Rosh Pinah resulted, however, in an 8% decline on a quarterly sequential basis.
• Own sourced nickel production was 23,800 tonnes, up 7% relating to the higher contribution from Koniambo. Production issues at Koniambo, however, resulted in sequential quarterly production being down 8%.
• Attributable ferrochrome production up 15% to 385,000 tonnes, driven by the Lion 2 expansion project.
• Own sourced coal production was 35.6 million tonnes, 4% higher than the comparable period due to higher production from South Africa where two new projects were since commissioned.
• Glencore oil entitlement production up 52% to 2.6 million barrels, reflecting the ramp-up at Badila and Mangara and the impact of higher ownership of the Chad assets following the Caracal acquisition in July 2014.
• Overall Q1 2015 copper equivalent production was up 7% compared to Q1 2014 and sequentially in line with Q4 2014.  

Click here to access the full report: http://www.glencore.com/investors/reports-and-results/reports/

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