Glencore tightens 2025 guidance after strong third-quarter performance

marketscreener
2025.10.29 08:01
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Glencore PLC has tightened its 2025 production guidance following a strong third-quarter performance. Copper production for the first nine months of 2023 was 583,500 tonnes, down from 705,200 tonnes last year. Steelmaking coal production more than doubled to 24.7 million tonnes, while energy coal output slightly increased. Revised guidance estimates copper production at 850,000 to 875,000 tonnes for 2025, with other minerals' outputs adjusted accordingly. Glencore shares rose 3.6% to ZAR83.24 in Johannesburg.

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