Glencore Logs Decline in Q3 Copper, Silver, Gold Production; Nickel, Energy Coal Output Rise

04:04 AM EDT, 10/29/2026 (MT Newswires) -- Glencore (GLEN.L, GLN.JO) recorded a year-over-year decline in production from own sources for the third quarter for copper, cobalt, zinc, lead, gold, silver, chrome ore, and steelmaking coal, while nickel, ferrochrome, energy coal, and oil output grew. Production for copper dropped to 201,600 tonnes from 239,600 tonnes, cobalt plunged to 3,500 tonnes from 9,600 tonnes, zinc fell to 181,600 tonnes from 244,200 tonnes, and lead slipped to 38,900 tonnes from 41,800 tonnes. Gold and silver production fell to 94,000 ounces and 4 million ounces, respectively, from 147,000 ounces and 5.7 million ounces a year ago. Chrome ore output declined to 906,000 tonnes from 1 million tonnes. Steelmaking coal production dropped to 8 million tonnes from 9 million tonnes. Meanwhile, nickel output rose to 18,800 tonnes from 15,800 tonnes, and energy coal output grew to 26.5 million tonnes from 25.2 million tonnes. Production of oil, on an entitlement interest basis, rose to 710,000 barrels of oil equivalent from 647,000 barrels of oil equivalent.