Glencore Reports Strong Results -- Market Talk

Dow Jones

02/18

0839 GMT - Glencore's adjusted earnings come in 2% ahead of expectations, driven by a beat in its energy marketing division, RBC Capital Markets analysts Ben Davis and Marina Calero write. The company issues a strong set of results overall, they say. The London-listed commodity giant finally concludes a land-access agreement with Gecamines for KCC after many years of delays, they write. This brings KCC one step closer to the long-term target of around 300,000 metric tons a year, and extension of mine life to mid-2040s, the analysts say. Shares rise 2.45% to 497.90 pence.(adam.whittaker@wsj.com)

(END) Dow Jones Newswires

February 18, 2026 03:39 ET (08:39 GMT)

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