Morningstar

Glencore Copper Production Rises

Provided by Dow Jones Oct 29, 2026, 8:18:00 AM

By Anthony O. Goriainoff

Glencore said copper production rose in the third quarter and reiterated its guidance for the year.

The commodities company said Thursday that copper production rose 2% from the second quarter to 201,600 metric tons. Output in the year to date was up 2.6% at 598,600 tons.

Gold production fell 6% from the previous quarter to 94,000 ounces, with silver down 10% at 4 million ounces. Steelmaking and energy coal output rose 14% and 8%, respectively.

For the full year, copper production is expected at the lower end of the 810,000-870,000 tons range, with steelmaking coal seen toward the lower end of the 30 million-32 million ton guidance range.

The company said it also expects 2026 marketing-adjusted earnings before interest and taxes to exceed $5 billion.

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

(END) Dow Jones Newswires

October 29, 2026 04:18 ET (08:18 GMT)

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