15 Jun 2026

07:28

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Glencore’s Net Loss Widens on Low Coal Prices and Copper Output

codarx

codarx

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Update date: 2025/08/06

Mining and commodity trading giant Glencore booked a higher net loss for the first half of 2025 compared to the same period last year, as weaker coal prices and reduced copper production weighed on the industrial businesses.  Switzerland-based Glencore reported on Wednesday $655 million in net loss for the first half of the year, widened from a loss of $233 million for the first half of 2024.   Adjusted core earnings, or earnings before interest, tax, depreciation, and amortization (EBITDA), fell by 14% to $5.43 billion, although…

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