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Glencore remains 2025 full-year production targets for copper, nickel, zinc

8 May 2025 14:20 reported by Joy Liu

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Swiss commodity trading and mining company Glencore reported a 30% year-on-year drop in its first-quarter copper production to 167,900 tons, though its 2025 full-year guidance of 850,000-910,000 tons is unchanged, with higher output expected in the coming months.

During the same period, nickel production also fell by 21% year on year to 18,800 tons, but the 2025 target remains flat at 74,000-86,000 tons.


Zinc production grew by 4% year on year to 213,600 tons, mainly reflecting higher zinc grades at the Antamina mine and increased output in Australia, with a 2025 target unchanged at 930,000-990,000 tons.
Despite trade concerns impacting most metal prices, long-term demand for energy transition materials such as copper is expected to rise.

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  • 9,461.00
  • Nickel
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