Glencore copper output up, 2026 production seen at low end of guidance

By Reuters News07:13 (UTC), 29 October 2026 Updated

LONDON, Oct 29 (Reuters) - Glencore GLEN.L on Thursday reported a 3% increase in copper production for the first nine months of the year on higher grades at some of its operations, and said its overall 2026 production will be at the lower end of its guidance.

The miner and trader's own-sourced copper production in the January to September period rose to 598,600 metric tons, compared to 583,500 last year.

The company reaffirmed 2026 copper production guidance of 810,000 to 870,000 tons. Copper is widely used in energy transition technologies.

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