Glencore Cutbacks Shift to Zinc in Metal Rout
The commodities giant will close two mines and cut up to 1,600 jobs globally as zinc prices slump
Rhiannon HoyleThe Wall Street JournalCANCEL BiographyRhiannon Hoyle@RhiannonHoylerhiannon.firstname.lastname@example.orgUpdated Oct. 8, 2015 9:57 p.m. ET
SYDNEY—Commodities trader Glencore PLC, which has faced intense pressure from investors over its debt pile, said it would cut global zinc production by a third after a collapse in prices of the industrial metal.
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