Glencore's Copper Output Dips, but Growth Projects on Horizon

August 15, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Multinational commodity trading and mining company Glencore plc (Baar, Switzerland) took a hit from weaker coal prices and reduced copper production in the first half of 2025, but its executives remain positive in their full-year outlook, with a major production project in Canada set to wrap up in the coming months. Industrial Info is tracking more than US$19 billion worth of active and proposed projects worldwide from Glencore, including more than $5.7 billion worth in the U.S. and Canada. Glencore's global copper production dropped 26% in the first half of 2025 to 343,900 metric tons, which the company attributed largely to declining grades.