Glencore's half-year trading profit forecast tops full-year guidance ceiling

Glencore forecasts its trading division's interim adjusted operating profit at more than $3.2 billion — clearing the top of its $2.2–$3.2 billion full-year guidance range in six months. The first half of 2025 produced $1.35 billion. Glencore set its full-year target at $3.5 billion in April. The half-year report lands 29 July 2026.