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REFILE-Glencore first-quarter copper output jumps 19%, marketing unit set to exceed target

Thu, 30th Apr 2026 07:34

LONDON, April ​30 (Reuters) - ‌Glencore said on Thursday ⁠its first-quarter copper production ⁠rose 19% ​as the mining and trading giant benefited from ​improved ‌grades in Africa, while its marketing division is on track ​to exceed the top ‌end of its annual earnings guidance.

The ‌Swiss-based commodities trader and miner produced 199,600 metric tons ​of copper in the first ‌quarter, up from 167,900 tons a year earlier, driven ⁠by ⁠better grades ‌at its African operations and higher ​output ​at its ‌Antamina mine in Peru. (Reporting by Clara Denina, Editing by Louise Heavens)

Corporate News Commodities Oil & Gas Mining Construction & Materials Consumer Goods Food & Beverages Glencore

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