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

ReutersApr 30, 2026 6:26 AM

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LONDON, April 30 (Reuters) - Glencore GLEN.L said on Wednesday 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.

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