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Bloomberg

Glencore Profit Jumps on Trading Boom and Record Copper

Wednesday, August 5, 2026


Glencore Plc reported increased profits following gains in commodity prices and strong performance from its trading division. The company cited higher copper prices and elevated energy prices as contributors to the results. Glencore's trading unit achieved one of its best performance periods during the reporting period.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-05/glencore-profit-jumps-on-trading-boom-and-record-copper

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