Glencore Promises Copper Expansion But Cuts Target for 2026

Glencore Plc plans to boost annual copper production to about 1.6 million tons by 2035 as the miner seeks to reverse a slump in its output of the metal, but...

By Thomas Biesheuvel · Bloomberg Markets

Glencore Plc plans to boost annual copper production to about 1.6 million tons by 2035 as the miner seeks to reverse a slump in its output of the metal, but was also forced to lower its ambitions for next year.