Glencore is expanding its North American copper and nickel mining projects as of August 21, 2026. Industrial Info Resources is tracking over $4.5 billion in active and proposed projects across the U.S. and Canada.
The copper-mining business achieved margins of 52% in the first half of 2026. Own-sourced copper production rose 15% compared to the same period in 2025.
Net income reached $4.61 billion in the first half of 2026. This result reverses a net loss of $852 million from the previous year. Total revenues increased 48.6% to $174.4 billion.