News and Announcements

Glencore FY profits decline as coal weakness offsets metals strength

By Iain Gilbert

Date: Wednesday 18 Feb 2026

(Sharecast News) - Mining giant Glencore posted a decline in full‑year profits on Wednesday, as record copper prices were unable to offset weaker earnings from its coal division.
Glencore said core earnings fell 6% year‑on‑year to $13.5bn, primarily reflecting lower energy and steelmaking coal prices, partially offset by stronger metals pricing,...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page