Glencore expects its marketing earnings to exceed the top end of its guidance range.
- Copper, coal and zinc assets performed in line with expectations.
- First-half output was described as being solid.
- Glencore is due to report overall first-half results on August 8.
- Only cobalt and gold production were up in the six months to the end of June.
- Copper production was 4% down on the corresponding six months of 2022.
- Zinc production was 10% lower.
- Nickel production was 20% lower.
- Ferrochrome production was 9% down.
- Coal production was 2% lower.