Glencore Trims Top End of Copper Production Guidance After Output Declines

The Wall Street Journal•Wednesday, October 29, 2025 at 8:06:00 AM

Glencore has announced a significant reduction in its copper production guidance, citing a 17% decline compared to the same period last year. This drop in output is concerning as it reflects broader challenges in the mining sector, impacting not only copper but also gold production, which has also seen a decrease. While steelmaking-coal production is on the rise, the overall decline in these key metals raises questions about future supply and market stability, making this news particularly relevant for investors and industry stakeholders.

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