Glencore's pain, Tigers Gain.

Something for us to think about.

Glencore will suspend operations of copper mines in Zambia and the Congo reducing production by approx., from what I can tell, about 400,000 tonnes. I believe some other players are doing the same as well. This must be a positive for the tiger. e.g..below...
http://www.ft.com/cms/s/0/3f1d9664-562f-11e5-a28b-50226830d644.html#axzz3nAKsOfQq

Looking at Glencore's 'investor day' presentation in 2014 (page 9), they note about 1500-1600 Kilotonnes of global Cu production in 2014F. If by any chance Glencore looked liked not hanging in there, or changing production, then a huge chunk of resource may be removed from the market, at least temporarily. I personally don't think that will happen, but it should play in Tiger's favour if this occurred.
Mining is a key economic driver in Africa, and I suspect everything will be done to make Tiger feel welcome and stay the course now that these suspensions are occurring. No wonder our TGS had not priced dropped yesterday.
Now....where's that signed doc?!