Tag
glencore
2 articles
DRC Cobalt Output Falls 39 Percent as Miners Pivot to Copper
Q1 2026 production data shows Glencore and other DRC operators cutting cobalt output while ramping copper as export quotas and price collapse make cobalt extraction uneconomical.
Glencore's H1 EBITDA Surges 86 Percent on Copper Rally and Trading Desk Arbitrage
The diversified miner's first-half earnings jumped on a 39 percent copper price increase and near-record trading profits fueled by Middle East tensions and new tariff regimes.