Glencore stock steadies as copper hits record highs — what to watch next for GLEN.L
London, Jan 7, 2026, 08:38 GMT — Regular session Glencore shares edged lower in early London trade on Wednesday, after two sessions of gains that tracked copper’s record run. The stock was down 0.15 pence, or about 0.04%, at 427.80 pence by 0820 GMT. Glencore Copper has been the immediate driver for miners this week after prices surged above $13,000 a metric ton, reviving talk of tight supply and the need for higher prices to unlock new projects. “Copper prices need to rise further,” SP Angel analyst John Meyer said. Concord Resources research director Duncan Hobbs said metals are rallying