One of the world's largest diversified mining groups, Glencore, cut its own copper production by 17% year on year to 583.5 thousand tons in January-September 2025, the company said on Wednesday. Peruvian Antapakkay and KCC (DR Congo).
In the third quarter, copper production was 36% higher than the previous period.
Glencore's copper production forecast in 2025 was adjusted to 850-875 thousand tons from 850-890 thousand tons.
Cobalt output for 9 months was 8% higher than many years ago, amounting to 28.5 thousand tons, zinc - 10% higher, amounting to 709.4 thousand tons. Glencore revised its cobalt production forecasts to 42-45 thousand tons from 41-43 thousand tons, zinc to 940-980 thousand tons from 950-975 thousand tons.
Coking coal production increased over 9 months to 24.7 million tons from 11.1 million tons in the same period in 2024, reflecting the acquisition EVR last July. Thermal coal production in the amount of 73.5 million tons corresponds to the same period in 2024.
