Glencore said last month it would suspend production at its Katanga Mining (Toronto: KAT.TO - news ) unit for 18 months as it pursues an $880 million modernization project to lower costs.
owner_of: Glencore, Katanga Mining; owned_by: Katanga Mining, Glencore; parent_organization: Katanga Mining, Glencore; industry: Glencore, Mining