Glencore Sees Copper Production Plummet In First Half Of Year

2025-07-30 02:10:03

(MENAFN- Swissinfo) Commodities giant Glencore has published its production report for the first half of the year, which was marked by a sharp fall in copper volumes. This content was published on July 30, 2025 - 13:11 2 minutes Keystone-SDA

Français fr Glencore voit sa production de cuivre plonger au premier semestre Original Read more: Glencore voit sa production de cuivre plonger au premier semestr

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Steelmaking coal, meanwhile, rose sharply following the takeover of Canada's Elk Valley Resources (EVR).

From January to June, copper production fell by 26% year-on-year to 343.9 kilotonnes. Production is expected to pick up at all mines in the second half of the year, albeit at a slower pace than initially forecast. For the year as a whole, total production is expected to be between 850 and 890 kilotonnes, compared with 850 to 910 kilotonnes previously forecast. In 2024, volumes reached 951.6 kilotonnes.

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